* Great Ajax Corp reported a quarterly adjusted loss of 18 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -25 cents. The mean expectation of two analysts for the quarter was for a loss of 38 cents per share. Wall Street expected results to range from -79 cents to 3 cents per share.
* Revenue rose 164.3% to $2.78 million from a year ago; analysts expected $6.60 million.
* Great Ajax Corp's reported EPS for the quarter was a loss of 18 cents.
* The company reported a quarterly loss of $8.03 million.
* Great Ajax Corp shares had fallen by 2.4% this quarter and lost 38.7% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts was unchanged in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the specialized reits peer group is "hold."
Wall Street's median 12-month price target for Great Ajax Corp is $6.00 This summary was machine generated from LSEG data October 21 at 04:19 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 -0.38 -0.18 Beat
Jun. 30 2024 -0.15 -0.32 Missed
Mar. 31 2024 0.02 -2.41 Missed
Dec. 31 2023 0.21 -0.86 Missed
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