Granite Point Mortgage Q1 Adj. EPS $(0.07) Beats $(0.17) Estimate, Sales $8.018M Miss $8.500M Estimate

Benzinga Earnings
05/06

Granite Point Mortgage (NYSE:GPMT) reported quarterly losses of $(0.07) per share which beat the analyst consensus estimate of $(0.17) by 58.82 percent. This is a 87.72 percent increase over losses of $(0.57) per share from the same period last year. The company reported quarterly sales of $8.018 million which missed the analyst consensus estimate of $8.500 million by 5.67 percent. This is a 0.27 percent decrease over sales of $8.040 million the same period last year.

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