- Q3 core income of $3.7M or $0.31 per share vs. $1.9M and $0.16 in Q2. Dividend is $0.27.
- The company no longer reports book value in its earnings press release (why would it), but presumably it's in the 10-Q somewhere. In a business update from last month, Javelin estimated Oct. 21 book value per share at $9.94-$10.04. This compares to $11-$11.04 three months earlier (a 9% decline over the quarter). The stock closed at $6.14 on Friday, about a 38% discount to the midpoint of the Oct. 21 book value range.
- Conference call at 12 ET
- Previously: Javelin Mortgage Investment reports Q3 results (Nov. 6)
- JMI flat premarket