Don't miss out on Thursday 24th October 2024, when Orchid Island Capital (NYSE: ORC) will disclose its third quarter financial results after market close. Investors will have the chance to learn more about the company's performance during the quarter.
As per the predictions of financial analysts on Wall Street, the establishment is set to report an estimated per share $0.07 loss for the third quarter. Additionally, the company is projected to unveil a revenue of $-1.2 million for the period.
When looking back at the corresponding quarter from the previous year, the company's earnings report showcased a per-share loss of $0.28. This was attributed to the company's total revenue, which amounted to an impressive $-8.6 million during that same period.
The company's full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $-2.83 million. Further, they expect the earnings per share to achieve loss of $0.29 for the fiscal year.
ORC will host a conference call with investment community on 25th October 2024 at 10:00 AM eastern time to discuss the financial results.
Orchid Island Capital (ORC) experienced a trading range of $7.86 to $7.98, along with a total volume of 2.20 million shares during the day. The stock concluded Tuesday's regular trading session at $7.86, demonstrating decrease of 1.63 percent.
