Ellington Credit (EARN) Q3 Earnings Beat Estimates
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Ellington Credit (EARN) reported Q3 earnings of $0.28 per share, surpassing the Zacks Consensus Estimate of $0.27 and improving from $0.21 a year ago.
November 13, 2024 | 2:30 am
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Ellington Credit (EARN) reported better-than-expected Q3 earnings of $0.28 per share, exceeding the Zacks Consensus Estimate of $0.27 and showing growth from $0.21 per share a year ago.
Earnings beats typically lead to positive short-term stock price movements as they indicate better-than-expected company performance. The improvement from last year's earnings also suggests growth, which is favorable for investors.
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