earnings
confidence high
sentiment negative
materiality 0.80
Invesco Mortgage Capital posts Q2 net loss $0.38 per share; book value drops 8% to $9.27
Invesco Mortgage Capital Inc.
2024-Q2 EPS reported
$0.10
- Net loss $0.38 per share vs net income $0.49 in Q1 2024; dividend unchanged at $0.40.
- Book value per share fell 8% to $9.27 from $10.08; as of Aug 2 estimated $9.21-$9.59.
- Earnings available for distribution per share $0.86, flat QoQ; economic return -4.1%.
- Debt-to-equity ratio unchanged at 5.6x; portfolio $5.0B primarily Agency RMBS.