Great Ajax Corp reports results for the quarter ended in January - Earnings Summary

• Great Ajax Corp AJX 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)