• Ellington Financial Inc EFC.N reported quarterly adjusted earnings of 53 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 40 cents. The mean expectation of seven analysts for the quarter was for earnings of 44 cents per share. Wall Street expected results to range from 42 cents to 48 cents per share.

• Revenue rose 47.9% to $49.72 million from a year ago; analysts expected $46.52 million.

• Ellington Financial Inc's reported EPS for the quarter was 29 cents​.

• The company reported quarterly net income of $29.5 million.

• Ellington Financial Inc shares had risen by 5.5% this quarter and gained 13.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 6.5% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is "hold."

• Wall Street's median 12-month price target for Ellington Financial Inc is $14.50, about 5.7% above its last closing price of $13.67

This summary was machine generated from LSEG data November 5 at 10:46 p.m. UTC. ​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)