Cherry Hill Mortgage (CHMI) Q1 Earnings Beat Estimates

Group 1: Earnings Performance - Cherry Hill Mortgage (CHMI) reported quarterly earnings of $0.17 per share, exceeding the Zacks Consensus Estimate of $0.11 per share, and up from $0.13 per share a year ago, representing an earnings surprise of 54.55% [1] - The company posted revenues of $2.17 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 17.33%, compared to revenues of -$0.91 million a year ago [2] - Over the last four quarters, Cherry Hill has surpassed consensus EPS estimates only once [2] Group 2: Stock Performance and Outlook - Cherry Hill shares have increased approximately 13.3% since the beginning of the year, while the S&P 500 has declined by 3.9% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the next quarter is $0.12 on $3 million in revenues, and for the current fiscal year, it is $0.52 on $13.67 million in revenues [7] Group 3: Industry Context - The REIT and Equity Trust industry, to which Cherry Hill belongs, is currently ranked in the top 37% of over 250 Zacks industries, indicating a favorable industry outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Cherry Hill's stock performance [5] - The estimate revisions trend for Cherry Hill is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, suggesting expected underperformance in the near future [6]