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Western Asset Mortgage: Q2 Earnings Snapshot
By AP News - Aug 08, 2023, 05:12 PM ET
Last Updated - Aug 08, 2023, 05:12 PM EDT
SALT LAKE CITY (AP) — SALT LAKE CITY (AP) — Western Asset Mortgage Capital Corp. (WMC) on Tuesday reported a loss of $8.6 million in its second quarter.
On a per-share basis, the Salt Lake City-based company said it had a loss of $1.44. Earnings, adjusted for non-recurring costs, came to 22 cents per share.
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The real estate investment company posted revenue of $40.2 million in the period. Its adjusted revenue was $4 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a WMC">Zacks stock report on WMC at https://www.zacks.com/ap/WMC
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