Benzinga | Jul 28, 2020 02:11PM EDT

A Preview Of Capstead Mortgage's Earnings

Capstead Mortgage (NYSE: CMO) announces its next round of earnings this Wednesday, July 29. Here is Benzinga's everything-that-matters guide for this Wednesday's Q2 earnings announcement.

Earnings and Revenue

Based on Capstead Mortgage management projections, analysts predict EPS of $0.16 on revenue of $46.71 million. Capstead Mortgage reported a profit of $0.120 per share when it published results during the same quarter last year. Sales in that period totaled $85.70 million. If the company were to post earnings inline with the consensus estimate when it reports Wednesday, EPS would be up 33.33%. Revenue would be down 28.14% from the year-ago period. The company's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019EPS Estimate 0.14 0.09 0.09 0.08EPS Actual 0.16 0.15 0.11 0.12Revenue Estimate 65.00 M 73.00 M 80.00 M 71.00 MRevenue Actual 69.63 M 74.28 M 78.76 M 85.70 M

Stock Performance

Over the past 52-week period, shares of Capstead Mortgage have declined 27.64%.

With these returns, shareholders are likely feeling neutral going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Capstead Mortgage is scheduled to hold the call at 10:00:00 ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/captead/mediaframe/39647/indexr.html