INVESCO MORTGAGE CAPITAL INC (NYSE:IVR) is expected to report third quarter earnings results, after market close, on Monday 9th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.01 per share from revenue of $ 26.47 million.
Looking ahead, the full year loss are expected at $ 11.88 per share on the revenues of $ 270.42 million.
Previous Quarter Performance
INVESCO MORTGAGE CAPITAL INC posted loss for the second quarter of $ 1.80 per share, from the revenue of $ 29.73 million. The consensus estimates are loss of $ 0.46 per share from $ 37.55 million in revenue. The bottom line results missed street analysts by $ 1.34 or 291.3 percent, at the same time, top line results fell short of analysts by $ 7.82 million or 20.83 percent.
Stock Performance
On Friday, shares of INVESCO MORTGAGE CAPITAL INC has traded high as $ 2.88 and has cracked $ 2.81 on the downward trend, reaching $ 2.87 with volume of 4.31 million shares.
According to the previous trading day, closing price of $ 2.87, representing a 56.59 % increase from the 52 week low of $ 1.82 and a 84.43 % decrease over the 52 week high of $ 18.30.
The company has a market capital of $ 520.55 million and is part of the Real Estate sector and REIT – Diversified industry.
Invesco Mortgage Capital Inc. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential and commercial mortgage-backed securities, and other mortgage-related assets. It invests in residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS) that are guaranteed by a U.S.
