Western Asset Mortgage (WMC) reported earnings on Tue 8 Aug 2017 (a/h)

• Financial REIT
• Headquarters: Pasadena, CA
• Founded: 2004
• westernassetmcc.com
• Div/yield 0.31/11.67

** charts before earnings **

  

** charts after earnings **

Western Asset Mortgage beats by $0.01, beats on revs

• Reports Q2 (Jun) earnings of $0.32 per share, excluding non-recurring items, $0.01 better than the single analyst estimate of $0.31; revenues fell 7.1% year/year to $19.96 mln vs the $18.2 mln single analyst estimate.
  • $10.64 per share net book value as of June 30, 2017, net of second quarter common dividend.
  • Economic return on book value was 4.8% for the quarter.
  • 6.3x leverage as of June 30, 2017.