Ellington Residential: Q4 Earnings Snapshot

March 7, 2022 GMT

OLD GREENWICH, Conn. (AP) _ Ellington Residential Mortgage REIT (EARN) on Monday reported a fourth-quarter loss of $2.8 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Old Greenwich, Connecticut-based company said it had a loss of 21 cents. Earnings, adjusted for investment costs, came to 28 cents per share.

The residential mortgage real estate investment trust posted revenue of $5.8 million in the period.

For the year, the company reported a loss of $6.3 million, or 50 cents per share, swinging to a loss in the period. Revenue was reported as $25.6 million.


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