earnings
confidence high
sentiment negative
materiality 0.75
AG Mortgage Q2 book value drops 16.6% to $11.48; net loss $2.27/share
TPG Mortgage Investment Trust, Inc.
2022-Q2 EPS reported
-$3.00
- Book value per share $11.48 (down from $13.68); adjusted book value $11.15 (down 16.6% from March).
- Net loss per diluted share $(2.27); core earnings $0.08 per share.
- Quarterly dividend of $0.21 per common share declared (same as prior).
- Board approved new $15M common stock repurchase program.
- Investment portfolio grew to $4.1B; economic leverage 2.7x.