Ellington Credit: Q2 Earnings Snapshot – CLONE

Ellington Credit: Q2 Earnings CLOINE

OLD GREENWICH, Conn. (AP) — OLD GREENWICH, Conn. (AP) — Ellington Credit Company (EARN) on Tuesday reported profit of $10.2 million in its second quarter.

On a per-share basis, the Old Greenwich, Connecticut-based company said it had profit of 27 cents. Earnings, adjusted for non-recurring gains, were 18 cents per share.

The residential mortgage real estate investment trust posted revenue of $9.9 million in the period.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EARN at https://www.zacks.com/ap/EARN

———

itemid:06a4bdc271b807405297de495abe60c4