Just for fun....Let's see who comes closest to guessing Q4 core earnings by end of the day today.
Mine is 19 cents.
mine is .14 a bad miss
.175 no change
Congrats to Hana. Condolences to loulou. You have to live with yourself.
I agree on 19 cents for their core earnings unless they change the definition. GAAP earnings should be over 40 cents - just the gain on non-agency RMBS is 41 million (or 16 cents a share) which is considered in GAAP but not their core.
I think they're getting returns at the very upper end of their projections, witness the additional payout in Dec. I expect at least a quarterly increase to .20.
hahah maybe for 6 months
.88 a year at a 6 80 price...? someone dis agrees