Eastern Light Capital Inc. Earnings Cheat Sheet: Narrows Loss

Eastern Light Capital, Incorporated (AMEX:ELC) reported its results for the third quarter. Eastern Light Capital is a real estate investment trust and a specialty mortgage finance company.

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Eastern Light Capital, Incorporated Earnings Cheat Sheet for the Third Quarter

Results: Loss narrowed to $141,037 (loss of 24 cents per diluted share) from $310,224 (loss of 88 cents per share) in the same quarter a year earlier.

Revenue: Rose 2.3% to $46,359 from the year earlier quarter.

Competitors to Watch: Invesco Mortgage Capital Inc (NYSE:IVR), Hatteras Financial Corp. (NYSE:HTS), Annaly Capital Management, Inc. (NYSE:NLY), Capstead Mortgage Corp. (NYSE:CMO), Two Harbors Investment Corp (AMEX:TWO), Newcastle Investment Corp. (NYSE:NCT), Cypress Sharpridge Investments, Inc. (NYSE:CYS), Chimera Investment Corp. (NYSE:CIM), Apollo Commercial Real Est. Finance Inc (NYSE:ARI), and Crexus Investment Corp (NYSE:CXS).

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(Company fundamentals provided by Xignite Financials. Earnings estimates provided by Zacks)

 

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