earnings
confidence high
sentiment negative
materiality 0.75
Cherry Hill Q3 GAAP net loss $14.8M ($0.49 EPS); EAD $0.08; book value $4.02
Cherry Hill Mortgage Investment Corp
2024-Q3 EPS reported
-$0.23
- GAAP net loss applicable to common stockholders $14.8M ($0.49 per share) vs. $1.9M loss ($0.06) in Q2 2024.
- Earnings available for distribution (EAD) attributable to common stockholders $2.5M ($0.08 per diluted share).
- Common book value per share $4.02 at Sept 30; aggregate portfolio leverage 5.3x; unrestricted cash $50.2M.
- Results include $1.4M special committee-related expenses, impacting EAD by $0.045 per share.
- Net interest income only $0.1M; net servicing income $8.5M; realized/unrealized losses on derivatives and MSRs.