AG Mortgage Investment Trust (MITT) Q1 Earnings and Revenues Lag Estimates

Core Insights - AG Mortgage Investment Trust (MITT) reported quarterly earnings of $0.20 per share, missing the Zacks Consensus Estimate of $0.24 per share, and down from $0.21 per share a year ago, representing an earnings surprise of -16.67% [1] - The company posted revenues of $18.85 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.80%, and up from $17.18 million year-over-year [2] - The stock has lost about 0.3% since the beginning of the year, outperforming the S&P 500's decline of -3.9% [3] Earnings Outlook - The current consensus EPS estimate for the coming quarter is $0.27 on $20 million in revenues, and $1.06 on $82 million in revenues for the current fiscal year [7] - The estimate revisions trend for AG Mortgage Investment Trust is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The REIT and Equity Trust industry is currently in the top 37% of Zacks industries, suggesting that stocks in the top 50% of Zacks-ranked industries tend to outperform the bottom 50% by more than 2 to 1 [8]