Scott Kennedy’s mREIT Earnings Series: Ellington Financial’s Performance For Q2 2024
Summary
This earnings assessment article reviews EFC’s BV and core earnings/EAD performance during Q2 2024 and compares results to expectations. Earnings remain a driver to stock performance.
EFC’s BV slightly outperformed my/our expectations (within range; minor increase). This was partially due to EFC continuing to modestly decrease the company’s exposu…