Shares of Tremont Mortgage (NASDAQ:TRMT) were flat in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share rose 5.00% year over year to $0.21, which beat the estimate of $0.19.

Revenue of $2,527,000 up by 74.16% year over year, which beat the estimate of $2,320,000.

Looking Ahead

Tremont Mortgage hasn’t issued any earnings guidance for the time being.

Tremont Mortgage hasn’t issued any revenue guidance for the time being.

Conference Call Details

Date: May 04, 2020

Time: 06:01 PM ET

Webcast URL: https://78449.choruscall.com/dataconf/productusers/trmt/mediaframe/36739/indexr.html

Technicals

52-week high: $10.34

Company’s 52-week low was at $1.63

Price action over last quarter: down 71.71%

Company Profile

Tremont Mortgage Trust is a US-based real estate investment trust. It primarily focuses on originating and investing in first

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