New York Mortgage Trust First Quarter 2025 Earnings: Beats Expectations

New York Mortgage Trust (NASDAQ:NYMT) First Quarter 2025 Results

Key Financial Results

• Revenue: US$78.1m (up 168% from 1Q 2024).
• Net income: US$30.3m (up from US$68.3m loss in 1Q 2024).
• Profit margin: 39% (up from net loss in 1Q 2024). The move to profitability was primarily driven by higher revenue.
• EPS: US$0.33 (up from US$0.75 loss in 1Q 2024).

We've discovered 1 warning sign about New York Mortgage Trust. View them for free.

All figures shown in the chart above are for the trailing 12 month (TTM) period

New York Mortgage Trust Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 8.6%. Earnings per share (EPS) also surpassed analyst estimates significantly.

Looking ahead, revenue is expected to decline by 17% p.a. on average during the next 2 years, while revenues in the Mortgage REITs industry in the US are expected to grow by 16%.

Performance of the American Mortgage REITs industry.

The company's shares are up 14% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for New York Mortgage Trust that you should be aware of.

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