12:07 PM EDT, 08/02/2024 (MT Newswires) -- AG Mortgage Investment Trust ( MITT/PA ) shares were down nearly 8% in recent Friday trading after the company posted its Q2 results.
The company reported Q2 non-GAAP earnings Friday of $0.21 per diluted share, up from $0.08 a year earlier.
Analysts polled by Capital IQ expected $0.20.
Net interest income for the quarter ended June 30 was $16.4 million compared with $11.4 million a year earlier.
Analysts surveyed by Capital IQ expected $17 million.
Price: 7.01, Change: -0.59, Percent Change: -7.76