Great Ajax Corp reports results for the quarter ended in January - Earnings Summary
Great Ajax Corp AJX reported a quarterly adjusted loss of $2.41 per share for the quarter ended in January, lower than the same quarter last year, when the company reported EPS of -34 cents. The mean expectation of two analysts for the quarter was for earnings of 2 cents per share. Wall Street expected results to range from -7 cents to 11 cents per share.
Revenue rose 9,044.6% to $49.38 million from a year ago; analysts expected $3.22 million.
Great Ajax Corp's reported EPS for the quarter was a loss of $2.41.
The company reported a quarterly loss of $73.32 million.
Great Ajax Corp shares had fallen by 1.8% this quarter and lost 29.6% so far this year.
FORECAST CHANGES
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 $8.00
This summary was machine generated from LSEG data May 3 at 09:47 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 |
Mar. 31 2024 | 0.02 | -2.41 | Missed |
Dec. 31 2023 | 0.21 | -0.86 | Missed |
Sep. 30 2023 | 0.03 | -0.25 | Missed |
Jun. 30 2023 | 0.00 | -0.51 | Missed |