A Look Ahead: New York Mortgage Trust's Earnings Forecast
Portfolio Pulse from Benzinga Insights
New York Mortgage Trust (NASDAQ:NYMT) is set to release its quarterly earnings report on October 30, 2024. Analysts expect an EPS of $0.04. Investors are keen on not just an earnings beat but also positive future guidance. The company's past performance has shown significant EPS misses, impacting stock prices negatively. Shares are currently trading at $5.28, down 32.85% over the past year.
October 29, 2024 | 4:02 pm
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New York Mortgage Trust is expected to report an EPS of $0.04. Investors are looking for not just an earnings beat but also positive guidance. Past earnings have shown significant misses, affecting stock prices negatively.
The upcoming earnings report is crucial for NYMT as past performance has shown significant EPS misses, leading to stock price declines. Investors are particularly interested in future guidance, which could influence short-term stock movements.
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