New York Mortgage Trust (NYMT) Tops Q2 Earnings Estimates

Company Performance - New York Mortgage Trust (NYMT) reported quarterly earnings of $0.22 per share, exceeding the Zacks Consensus Estimate of $0.20 per share, and a significant improvement from a loss of $0.25 per share a year ago, representing an earnings surprise of +10.00% [1] - The company posted revenues of $36.45 million for the quarter ended June 2025, which was 8.43% below the Zacks Consensus Estimate, compared to revenues of $19.04 million in the same quarter last year [2] - Over the last four quarters, NYMT has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Performance - NYMT shares have increased approximately 12.5% since the beginning of the year, outperforming the S&P 500's gain of 8.3% [3] - The current consensus EPS estimate for the upcoming quarter is $0.20 on revenues of $40.8 million, and for the current fiscal year, it is $0.61 on revenues of $155 million [7] Industry Outlook - The REIT and Equity Trust industry, to which NYMT belongs, is currently ranked in the top 22% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5]