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Granite Point Mortgage (NYSE:GPMT) reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:30 PM.
Here's what investors need to know about the announcement.
Granite Point Mortgage beat estimated earnings by 38.46%, reporting an EPS of $0.18 versus an estimate of $0.13.
Revenue was up $1.62 million from the same period last year.
Last quarter the company beat on EPS by $0.06 which was followed by a 2.62% drop in the share price the next day.
Here's a look at Granite Point Mortgage's past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.14 | 0.16 | -0.17 | 0.21 |
| EPS Actual | 0.20 | 0.20 | -0.16 | 0.17 |
| Revenue Estimate | 20.95M | 20.83M | 18.84M | 22.16M |
| Revenue Actual | 21.84M | 22.91M | 20.98M | 18.29M |
To track all earnings releases for Granite Point Mortgage visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: GPMT
