Scott Kennedy’s mREIT Earnings Series: Assessing Orchid Island’s Performance For Q2 2024
Summary
This earnings assessment article reviews ORC’s BV and core earnings/EAD equivalent performance during Q2 2024 and compares results to my expectations. Earnings remain a key driver to stock performance.
ORC’s BV matched my/our expectations (well within range; only a $0.02 per share variance). ORC’s core earnings equivalent also matched expectations…