AG Mortgage Investment Trust (MITT) Q2 Earnings and Revenues Lag Estimates

Company Performance - AG Mortgage Investment Trust (MITT) reported quarterly earnings of $0.18 per share, missing the Zacks Consensus Estimate of $0.23 per share, and down from $0.21 per share a year ago, representing an earnings surprise of -21.74% [1] - The company posted revenues of $17.75 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 11.24%, compared to year-ago revenues of $16.38 million [2] - Over the last four quarters, AG Mortgage Investment Trust has not surpassed consensus EPS or revenue estimates [2] Stock Performance - AG Mortgage Investment Trust shares have increased approximately 13.7% since the beginning of the year, outperforming the S&P 500's gain of 7.8% [3] - The current consensus EPS estimate for the coming quarter is $0.25 on $22 million in revenues, and for the current fiscal year, it is $0.94 on $83 million in revenues [7] Industry Outlook - The REIT and Equity Trust industry, to which AG Mortgage Investment Trust belongs, is currently ranked in the top 22% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that industry performance can significantly impact stock performance [5][8]