Earnings Outlook For Invesco Mortgage Capital
Portfolio Pulse from Benzinga Insights
Invesco Mortgage Capital (NYSE:IVR) is set to release its latest quarterly earnings report on November 6, 2023. Analysts estimate an earnings per share (EPS) of $1.23. The company's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. However, the stock has seen a 33.7% decrease over the last 52-week period.
November 03, 2023 | 6:02 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Invesco Mortgage Capital is expected to report an EPS of $1.23 in its upcoming earnings. The company has a history of beating EPS estimates, which has typically led to a share price increase. However, the stock has been on a downward trend, with a 33.7% decrease over the past year.
The upcoming earnings report is highly relevant to IVR's stock price. While the company has a history of beating EPS estimates, which usually leads to a positive impact on the stock price, the overall downward trend of the stock indicates that there are other factors at play affecting the stock price. Therefore, the impact of the earnings report could be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100