JMP Securities analyst Steven Delaney maintains Granite Point Mortgage (NYSE:GPMT) with a Market Outperform and lowers the price target from $13 to $12.
Granite Point Mortgage (NYSE:GPMT) brought in sales totaling $21.93 million during Q2 according to data provided by Benzinga Pro. However, earnings decreased 396.18%, resulting in a loss of $13.73 million.
Granite Point Mortgage (NYSE:GPMT) reported its Q2 earnings results on Monday, August 8, 2022 at 04:30 PM.
Here's what investors need to know about the announcement.
Granite Point Mortgage (NYSE:GPMT) reported quarterly earnings of $0.22 per share which met the analyst consensus estimate. This is a 24.14 percent decrease over earnings of $0.29 per share from the same period last
Granite Point Mortgage (NYSE:GPMT) is set to give its latest quarterly earnings report on Monday, 2022-08-08. Here's what investors need to know before the announcement.
Analysts estimate that Granite Point Mortgage will report an earnings per share (EPS) of $0.22.