Ellington Residential: Q4 Earnings Snapshot

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OLD GREENWICH, Conn. (AP) — OLD GREENWICH, Conn. (AP) — Ellington Residential Mortgage REIT (EARN) on Wednesday reported profit of $12.4 million in its fourth quarter.

The Old Greenwich, Connecticut-based company said it had profit of 75 cents per share. Earnings, adjusted for non-recurring gains, were 27 cents per share.

The residential mortgage real estate investment trust posted revenue of $377,000 in the period.

For the year, the company reported profit of $4.6 million, or 31 cents per share. Revenue was reported as -$2.7 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EARN at https://www.zacks.com/ap/EARN

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