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Ellington Residential Q1 Adj $0.27 Beats $0.25 Estimate, Sales $279.00K Miss $3.64M Estimate

Author: Benzinga Newsdesk | May 14, 2024 04:30pm

Ellington Residential (NYSE:EARN) reported quarterly earnings of $0.27 per share which beat the analyst consensus estimate of $0.25 by 8 percent. This is a 28.57 percent increase over earnings of $0.21 per share from the same period last year. The company reported quarterly sales of $279.00 thousand which missed the analyst consensus estimate of $3.64 million by 92.34 percent. This is a 175.00 percent increase over sales of $(372.00 thousand) the same period last year.

Posted In: EARN