Orchid Island Capital Inc expected to post a loss of 7 cents a share - Earnings Preview

* Orchid Island Capital Inc is expected to show a rise in quarterly revenue when it reports results on October 24 for the period ending September 30 2024

* The Vero Beach Florida-based company is expected to report a 83.7% decrease in revenue to $-1.403 million from $-8.6 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data. (Revennue consensus is on Net Interest Income.)

* ​LSEG's mean analyst estimate for Orchid Island Capital Inc is for a loss of 7 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Orchid Island Capital Inc is $9.50​, above​ its last closing price of $7.86. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 -0.07 -0.07 -0.08 Missed -10.3

Mar. 31 2024 -0.09 -0.09 -0.12 Missed -33.3

Dec. 31 2023 -0.25 -0.25 1.16 Beat 557.9​

Sep. 30 2023 -0.24 -0.22 -0.28 Missed -24.4

​​Jun. -0.04 -0.01 -0.34 Missed -2,450

30 2023 .6

Mar. 31 2023 0.35 -0.24 Missed -168.6

​

Dec. 31 2022 0.29 0.30 -0.09 Missed -130

Jan. 1 0001 0.65 0.65 0.26 Missed -60

This summary was machine generated October 23 at 03:55 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)