Ellington Credit (NYSE:EARN) reported quarterly earnings of $0.21 per share which missed the analyst consensus estimate of $0.23 by 8.7 percent. This is a 25 percent decrease over earnings of $0.28 per share from the same period last year. The company reported quarterly sales of $13.671 million which beat the analyst consensus estimate of $10.460 million by 30.70 percent. This is a 187.69 percent increase over sales of $4.752 million the same period last year.