Invesco Mortgage Capital (IVR) Q4 Earnings and Revenues Lag Estimates

Group 1: Earnings Performance - Invesco Mortgage Capital reported quarterly earnings of $0.53 per share, missing the Zacks Consensus Estimate of$ 0.66 per share, and down from $0.95 per share a year ago, representing an earnings surprise of -19.70% [1] - The company posted revenues of$ 13.68 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 7.64%, compared to year-ago revenues of $8.3 million [2] - Over the last four quarters, the company has surpassed consensus EPS estimates just once and has not been able to beat consensus revenue estimates [2] Group 2: Stock Performance and Outlook - Invesco Mortgage Capital shares have increased by approximately 10.6% since the beginning of the year, outperforming the S&P 500's gain of 4.5% [3] - The current consensus EPS estimate for the coming quarter is$ 0.57 on $14.79 million in revenues, and for the current fiscal year, it is$ 2.49 on $92.8 million in revenues [7] - The estimate revisions trend for Invesco Mortgage Capital is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] Group 3: Industry Context - The REIT and Equity Trust industry, to which Invesco Mortgage Capital belongs, is currently in the bottom 45% of the Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact investor sentiment [5]