Cherry Hill Mortgage Investment Full Year 2023 Earnings: Misses Expectations

Cherry Hill Mortgage Investment (NYSE:CHMI) Full Year 2023 Results

Key Financial Results

All figures shown in the chart above are for the trailing 12 month (TTM) period

Cherry Hill Mortgage Investment Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 190%. Earnings per share (EPS) also missed analyst estimates significantly.

Looking ahead, revenue is forecast to grow 115% p.a. on average during the next 2 years, compared to a 41% growth forecast for the Mortgage REITs industry in the US.

Performance of the American Mortgage REITs industry.

The company’s shares are down 7.1% from a week ago.

Risk Analysis

It’s necessary to consider the ever-present spectre of investment risk. We’ve identified 5 warning signs with Cherry Hill Mortgage Investment (at least 2 which shouldn’t be ignored), and understanding these should be part of your investment process.

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