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News

Capstead Mortgage: Q4 Earnings Insights

Author: Benzinga Insights | January 27, 2021 05:58pm

Shares of Capstead Mortgage (NYSE:CMO) fell 3.3% in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were flat 0.00% year over year to $0.15, which missed the estimate of $0.16.

Revenue of $31,389,000 declined by 57.74% from the same period last year, which missed the estimate of $37,230,000.

Guidance

Capstead Mortgage hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Technicals

Company's 52-week high was at $8.42

52-week low: $1.97

Price action over last quarter: Up 3.58%

Company Overview

Capstead Mortgage Corp is a self-managed real estate investment trust for federal income tax purposes. The company earns income from investing in a leveraged portfolio of residential adjustable-rate mortgage pass-through securities, issued and guaranteed by government-sponsored enterprises, or by an agency of the federal government.

Posted In: CMO

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