Ellington Financial (EFC) Misses Q2 EPS by 29c

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Ellington Financial LLC Reports Second Quarter 2016 Results

August 4, 2016 7:04 PM EDT

OLD GREENWICH, Conn., Aug. 4, 2016 /PRNewswire/ -- Ellington Financial LLC (NYSE: EFC) today reported financial results for the quarter ended June 30, 2016.

Highlights

Net increase (decrease) in shareholders' equity resulting from operations ("net income (loss)") for the second quarter was $5.0 million, or $0.15 per basic and diluted share, as compared to net loss of $(23.2) million, or $(0.69) per basic and diluted share, for the quarter ended March 31, 2016. Book value per share as of June 30, 2016 was $20.31 on a diluted basis, after payment of a quarterly... More