New York Mortgage Trust (NYMT) Reports Q4 Loss, Tops Revenue Estimates

New York Mortgage Trust (NYMT) came out with a quarterly loss of $0.44 per share versus the Zacks Consensus Estimate of$0.08. This compares to loss of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -650$0.06 per share when it actually produced earnings of $0.39, delivering a surprise of 550%.Over the last four quarters, the ...