AG Mortgage reports Q3 EPS 17c, consensus 20c

Reports Book Value per share $10.58 as of September 30. “MITT delivered yet another strong quarter as we continue to execute the core business strategy of originating and securitizing residential whole loans, with MITT generating an economic return on equity of 3.9% for the quarter,” said CEO T.J. Durkin. “With ample liquidity, and our prudent and disciplined approach to employing leverage, we believe MITT is well positioned to take advantage of exciting new opportunities in the residential mortgage space to drive earnings power for the benefit of MITT’s shareholders.”