Ellington Credit (EARN) Lags Q1 Earnings and Revenue Estimates

Ellington Credit (EARN) came out with quarterly earnings of $0.26 per share, missing the Zacks Consensus Estimate of$0.27 per share. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.70$0.26 per share when it actually produced earnings of $0.27, delivering a surprise of 3.85% ...