Invesco Mortgage Capital Inc reports results for the quarter ended September 30 - Earnings Summary

• Invesco Mortgage Capital Inc IVR.N reported quarterly adjusted earnings of 47 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 58 cents. The mean expectation of six analysts for the quarter was for earnings of 46 cents per share. Wall Street expected results to range from 43 cents to 48 cents per share.

• Revenue rose 35.7% to $98.96 million from a year ago; analysts expected $80.93 million.

• Invesco Mortgage Capital Inc's reported EPS for the quarter was a loss of 92 cents​.

• The company reported a quarterly loss of $98.8 million.

• Invesco Mortgage Capital Inc shares had fallen by 10.2% this quarter and lost 35.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 10.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is "buy."

• Wall Street's median 12-month price target for Invesco Mortgage Capital Inc is $7.75, about 29.8% above its last closing price of $5.44

This summary was machine generated from LSEG data October 29 at 11:21 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)