U.S. Markets closed

New York Mortgage Trust: 1Q Earnings Snapshot

NEW YORK (AP) _ New York Mortgage Trust Inc. (NYMT) on Monday reported first-quarter earnings of $44.1 million.

On a per-share basis, the New York-based company said it had profit of 21 cents.

The real estate investment trust posted revenue of $178.8 million in the period. Its adjusted revenue was $26.2 million.

New York Mortgage Trust shares have risen 7% since the beginning of the year. In the final minutes of trading on Monday, shares hit $6.30, a climb of almost 2% 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 NYMT at https://www.zacks.com/ap/NYMT