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.
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