Scott Kennedy’s mREIT Earnings Series: Invesco Mortgage’s And Cherry Hill Mortgage’s Performance For Q2 2024
Summary
This earnings assessment article reviews IVR’s CHMI’s BV and core earnings/EAD performance during Q2 2024 and compares results to expectations. Earnings remain a key driver to stock performance.
IVR’s BV slightly underperformed my/our expectations while its core earnings/EAD was basically an exact match. IVR’s compositional changes negatively impa…