Invesco Mortgage Capital (IVR) Q3 Earnings and Revenues Lag Estimates
Portfolio Pulse from
Invesco Mortgage Capital (IVR) reported Q3 earnings of $0.68 per share, missing the Zacks Consensus Estimate of $0.79 per share. This is a decline from $1.51 per share a year ago.
November 06, 2024 | 12:00 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Invesco Mortgage Capital's Q3 earnings of $0.68 per share fell short of the expected $0.79, and are significantly lower than last year's $1.51 per share.
The earnings miss and significant year-over-year decline in earnings per share are likely to negatively impact investor sentiment, leading to short-term downward pressure on IVR's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100