New York Mortgage Trust (NYMT) Reports Q2 Loss, Tops Revenue Estimates

New York Mortgage Trust (NYMT) came out with a quarterly loss of $0.25 per share versus the Zacks Consensus Estimate of $0.05. This compares to loss of $0.33 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -600%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.12 per share when it actually produced a loss of $0.30, delivering a surprise of -350%. Over the last four quarters, the ...