earnings
confidence high
sentiment negative
materiality 0.75
AG Mortgage Investment Trust reports FY2022 net loss of $3.12/share; book value down 23% to $11.39
TPG Mortgage Investment Trust, Inc.
2022-FY EPS reported
-$3.12
- Book value per share fell 23% to $11.39 from $14.64; adjusted book value $11.03.
- Full-year net loss per diluted share $(3.12); EAD per share $0.08.
- Q4 2022 book value increased ~3% from Q3; net income $0.33 per share.
- Total liquidity $86.7M at year-end, increased to ~$120M as of release date.
- Arc Home after-tax net loss of $(6.1)M in Q4; MITT's share $(2.7)M.