Ellington Credit (NYSE:EARN) reported quarterly earnings of $0.19 per share which missed the analyst consensus estimate of $0.23 by 17.39 percent. This is a 29.63 percent decrease over earnings of $0.27 per share from the same period last year. The company reported quarterly sales of $7.312 million which missed the analyst consensus estimate of $11.880 million by 38.45 percent. This is a 19.05 percent increase over sales of $6.142 million the same period last year.