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AG Mortgage IT: Q3 Earnings Insights

Author: Benzinga Insights | November 07, 2023 05:30pm

AG Mortgage IT (NYSE:MITT) reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

AG Mortgage IT beat estimated earnings by 25.0%, reporting an EPS of $0.1 versus an estimate of $0.08.

Revenue was down $3.97 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 0.74% increase in the share price the next day.

Here's a look at AG Mortgage IT's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 0.11 0.12 0.14 -0.01
EPS Actual 0.08 0.03 0.05 -0.03
Revenue Estimate 14.15M 14.94M 17.70M 17.83M
Revenue Actual 11.36M 11.62M 12.36M 15.49M

To track all earnings releases for AG Mortgage IT visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: MITT

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