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Cherry Hill Mortgage (CHMI) Q1 Earnings Beat Estimates

Cherry Hill Mortgage (CHMI) came out with quarterly earnings of 0.17pershare,beatingtheZacksConsensusEstimateof0.17 per share, beating the Zacks Consensus Estimate of 0.11 per share. This compares to earnings of 0.13pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof54.550.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 54.55%. A quarter ago, it was expected that this residential real estate finance company would post earnings of 0.10 per share when it actually produced earnings of $0.10, delivering no surprise.Over the last ...