• Wed. Aug 17th, 2022

Recap: Western Asset Mortgage Q2 Earnings

ByBenzinga Insights

Aug 4, 2022
Recap: Western Asset Mortgage Q2 Earnings

Western Asset Mortgage WMC reported its Q2 earnings results on Thursday, August 4, 2022 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Western Asset Mortgage beat estimated earnings by 4.76%, reporting an EPS of $0.44 versus an estimate of $0.42.

Revenue was down $355 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.5 which was followed by a 9.15% drop in the share price the next day.

Here’s a look at Western Asset Mortgage’s past performance:








Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.6 0.6 0.6 0.8
EPS Actual 0.1 0.1 0.6 0.5
Revenue Estimate 7.58M 7.26M 8.04M 11.22M
Revenue Actual 4.28M 4.63M 7.16M 6.59M








Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.6 0.6 0.6 0.8
EPS Actual 0.1 0.1 0.6 0.5
Revenue Estimate 7.58M 7.26M 8.04M 11.22M
Revenue Actual 4.28M 4.63M 7.16M 6.59M

To track all earnings releases for Western Asset Mortgage visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.



Image and article originally from www.benzinga.com. Read the original article here.