Cherry Hill Mortgage Investment Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Cherry Hill Mortgage Investment (NYSE:CHMI) Full Year 2024 Results

Key Financial Results

• Net income: US$2.08m (up from US$44.6m loss in FY 2023).
• EPS: US$0.068 (up from US$1.70 loss in FY 2023).

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

Cherry Hill Mortgage Investment EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 96%. Earnings per share (EPS) exceeded analyst estimates.

Looking ahead, revenue is expected to decline by 57% 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 2.4% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Cherry Hill Mortgage Investment you should know about.

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