AG Mortgage Investment Q4 2023 Earnings Available For Distribution $0.17 Beats $0.15 Estimate, Sales $13.34M Beat $13.26M Estimate
Portfolio Pulse from Benzinga Newsdesk
AG Mortgage Investment (NYSE:MITT) reported Q4 2023 earnings of $0.17 per share, surpassing the $0.15 estimate, with sales of $13.34M beating the $13.26M estimate, marking a 7.88% increase from the previous year.
February 22, 2024 | 11:33 am
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AG Mortgage Investment reported higher than expected Q4 2023 earnings and sales, indicating strong performance and potential growth.
The positive earnings and sales report for AG Mortgage Investment (MITT) indicates a strong financial performance, surpassing analyst expectations. This typically leads to increased investor confidence and can result in a short-term uptick in stock price, as the market reacts to the better-than-expected results.
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