Great Ajax Q4 Adj. EPS $(0.07) Misses $(0.01) Estimate; Net Interest Income $3.17M, Down From $3.97M YoY
Portfolio Pulse from Benzinga Newsdesk
Great Ajax (NYSE:AJX) reported a Q4 adjusted loss of $(0.07) per share, missing the $(0.01) estimate by 600%. Net interest income was $3.17M, down from $3.97M YoY, marking a 40% increase in losses from the same period last year.
February 27, 2024 | 6:42 am
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Great Ajax reported a significant miss in Q4 adjusted earnings and a decrease in net interest income YoY.
The significant miss in earnings estimates and the decrease in net interest income year-over-year are likely to negatively impact investor sentiment and could lead to a short-term decrease in AJX's stock price.
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IMPORTANCE 90
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