earnings
confidence high
sentiment negative
materiality 0.75
Cherry Hill Q1 GAAP net loss $21.4M ($0.87/share); EAD $0.21/share
Cherry Hill Mortgage Investment Corp
2023-Q1 EPS reported
-$0.87
- GAAP net loss applicable to common stockholders $21.4M; diluted EPS -$0.87.
- Earnings available for distribution (EAD) $5.2M, or $0.21 per diluted share.
- Book value per share $5.52 at March 31, 2023 (from $6.49 at Dec 31, 2022).
- Quarterly common dividend declared $0.27/share; aggregate portfolio leverage 4.4x.
- Net servicing income $11.1M; unrealized losses on derivatives and MSR drove loss.