What Is In The Store For Granite Point Mortgage Trust ($GPMT) Q3 2024 Earnings?

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On Wednesday 6th November 2024, investors and market participants can expect the release of Granite Point Mortgage Trust (NYSE: GPMT) third quarter financial results. This crucial announcement will be made after market close.

In accordance with the predictions of financial analysts on Wall Street, the enterprise is on track to report an expected per share of $0.82 loss for the quarter. Furthermore, the firm is projected to disclose a total revenue of $10.6 million for this quarter.

In the preceding quarter of the previous year, the company shared its financial results, revealing that it had income of $0.18 per share.

The experts on Wall Street have shared their predictions for how well the company will do this year. They think the total revenue will be around $47.06 million. They also believe the company will reach about loss of $1.7 per share for the fiscal year.

 

GPMT has scheduled a conference call on 7th November 2024 at 11:00 AM eastern time to discuss the third quarter financial results and other related information.

Granite Point Mortgage Trust (GPMT) shares traded as low as $2.95 and as high as $3.02 on a day volume of 317.00 thousand shares, closed Friday's regular trading session at $2.95, decrease of 1.01 percent.