Capstead Mortgage Corporation (NYSE: CMO) announced today that it will release its third quarter 2013 results following the close of trading on the New York Stock Exchange on Wednesday, October 23, 2013. The Company will host a conference call and live audio webcast to discuss its financial results on Thursday, October 24 at 9:00 a.m. ET.
To access the conference call, dial toll free (888) 317-6016 in the U.S., (855) 669-9657 for Canada, or (412) 317-6016 for international callers. The audio replay will be available one hour after the end of the conference call through December 24, 2013. The replay can be accessed by dialing toll free (877) 344-7529 in the U.S., (855) 669-9658 for Canada, or (412) 317-0088 for international callers and entering conference number 10033812.
A live audio webcast of the conference call can be accessed through a link in the investor relations section of the Company’s website at www.capstead.com. Please allow extra time prior to the call to download and install audio software, if needed. An audio archive of the webcast will be available for approximately 60 days on the Company’s website.
Capstead Mortgage Corporation, formed in 1985 and based in Dallas, Texas, is a self-managed real estate investment trust for federal income tax purposes. Capstead earns income from investing in a leveraged portfolio of residential mortgage pass-through securities consisting of adjustable-rate mortgage (“ARM”) securities issued and guaranteed by government-sponsored enterprises, either Fannie Mae or Freddie Mac, or by an agency of the federal government, Ginnie Mae.
Capstead’s focus on agency-guaranteed ARM securities that reset to more current interest rates within a relatively short period of time allows for the recovery of financing spreads diminished during periods of rising interest rates and smaller fluctuations in portfolio values compared to fixed-rate mortgage securities. Capstead is widely recognized as the most defensively-positioned residential mortgage REIT from an interest rate and credit risk perspective.
- Company Earnings
- New York Stock Exchange
Lindsey Crabbe, 214-874-2339