Cherry Hill Mortgage Q3 EPS $0.16 Misses $0.17 Estimate
Portfolio Pulse from bharat@benzinga.com
Cherry Hill Mortgage (NYSE:CHMI) reported Q3 earnings of $0.16 per share, missing the analyst consensus estimate of $0.17 by 5.88 percent. This represents a 38.46 percent decrease from the same period last year.
November 02, 2023 | 8:43 pm
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Cherry Hill Mortgage's Q3 earnings missed the analyst consensus estimate by 5.88 percent and decreased by 38.46 percent YoY.
Earnings reports are a key indicator of a company's financial health. A miss on earnings estimates and a decrease from the previous year's earnings can negatively impact investor sentiment, potentially leading to a decrease in the stock price.
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