ATLANTA (AP) _ Invesco Mortgage Capital Inc. (IVR) on Wednesday reported a third-quarter loss of $53.4 million, after reporting a profit in the same period a year earlier.
The Atlanta-based company said it had a loss of 58 cents per share. Earnings, adjusted for non-recurring costs, were 41 cents per share.
The real estate investment trust posted revenue of $162.1 million in the period. Its adjusted revenue was $70.8 million.
Invesco Mortgage Capital shares have fallen 15 percent since the beginning of the year. The stock has fallen 9 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IVR at https://www.zacks.com/ap/IVR