Save the date! Tuesday 5th November 2024, is when Invesco Mortgage Capital (NYSE: IVR) will be sharing its eagerly awaited third quarter financial results. Investors and analysts will be able to gain valuable insights into the company's financial performance as the announcement is scheduled after market close.
Financial analysts on Wall Street are anticipating that the firm will announce an estimated $0.79 profit per share for the quarter. Furthermore, the firm is projected to disclose a total revenue of $62.13 million for this period.
Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share income of $1.51. This figure was attributed to the company's total revenue, which reached an impressive $79.75 million during that same period.
Wall street experts have shared their forecasts for the company's annual performance, indicating that they predict the company will achieve a total revenue of $249.65 million. Additionally, they are expecting the earnings per share for the company to hit profit of $3.27 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.86 | -40.7% | 51.91 M | +318.4% |
| Q1 2024 | $0.86 | -42.7% | 52.29 M | +167.3% |
| Q4 2023 | $0.95 | -34.9% | 56.38 M | +118.1% |
| Q3 2023 | $1.51 | +8.6% | 79.75 M | +151.4% |
| Q2 2023 | $1.45 | +3.6% | 12.41 M | -69.8% |
| *Growth on year-over-year basis | ||||
IVR will host a conference call with investment community on 6th November 2024 at 09:00 AM eastern time to discuss the financial results.
Invesco Mortgage Capital (IVR) closed Friday's regular trading session at $8.06, reflecting a 0.12 percent drop. The stock fluctuated between $8.05 and $8.17 during the day, with a volume of 1.01 million shares.
