New York Mortgage Trust (NYMT) Tops Q2 Earnings Estimates

New York Mortgage Trust (NYMT) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.2 per share. This compares to a loss of $0.25 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +10.00%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.1 per share when it actually produced earnings of $0.2, delivering a surprise of +100%. Over the last f ...