- Financial REIT
- Headquarters: Pasadena, CA
- Founded: 2004
- westernassetmcc.com
- Div/yield 0.31/11.67
** charts before earnings **
** charts after earnings **
Western Asset Mortgage beats by $0.01, beats on revs
- Reports Q2 (Jun) earnings of $0.32 per share, excluding non-recurring items, $0.01 better than the single analyst estimate of $0.31; revenues fell 7.1% year/year to $19.96 mln vs the $18.2 mln single analyst estimate.
- $10.64 per share net book value as of June 30, 2017, net of second quarter common dividend.
- Economic return on book value was 4.8% for the quarter.
- 6.3x leverage as of June 30, 2017.