Great Ajax Corp reports results for the quarter ended in January - Earnings Summary
Great Ajax Corp AJX.N 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 |
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
