Recap: Cherry Hill Mortgage Q4 Earnings
Shares of Cherry Hill Mortgage (NYSE:CHMI) rose in after-market trading after the company reported Q4 results.
Earnings per share decreased 22.92% year over year to $0.37, which beat the estimate of $0.29.
Revenue of $8,019,000 higher by 27.87% year over year, which beat the estimate of $7,280,000.
Cherry Hill Mortgage hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
How To Listen To The Conference Call
Date: Mar 09, 2021
Time: 05:00 PM
ET Webcast URL: https://viavid.webcasts.com/starthere.jsp?ei=1437033&tp_key=4c3b1c8edb
Recent Stock Performance
Company's 52-week high was at $14.18
Company's 52-week low was at $2.76
Price action over last quarter: Up 22.03%
Cherry Hill Mortgage Investment Corp operates in the real estate sector in the United States. It invests in residential mortgage assets with the objective of generating current yields and risk-adjusted total returns for its stockholders over the long term. The company reportable segments include investments in Residential mortgage-backed securities (RMBS), Investments in Servicing Related Assets and All Other. It generates maximum revenue from the RMBS segment in the form of Interest income earned for servicing mortgage loans.
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