CORRECTION: Orchid Island Cap Q2 Adj. EPS $0.26 Misses $0.29 Estimate, Sales $59.972M Beat $52.881M Estimate
Orchid Island Cap (NYSE:ORC) reported quarterly earnings of $0.26 per share which missed the analyst consensus estimate of $0.29 by 10.34 percent. This is a 62.5 percent increase over earnings of $0.16 per share from
Orchid Island Cap made more money than people expected, but earned slightly less per share than analysts thought. When a company sells more but earns less per share, it means the profit got spread out differently than predicted.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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