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Stock impact report

This Is How You Break Down Granite Point's Q3 2018 Presentation [Seeking Alpha]

Granite Point Mortgage Trust Inc. (GPMT) 
Last granite point mortgage trust inc. earnings: 3/2 04:56 pm Check Earnings Report
US:NYSE Investor Relations: investors.gpmortgagetrust.com
Company Research Source: Seeking Alpha
Dec. 5, 2018 8:38 PM ET | | About: Granite Point Mortgage Trust (GPMT) by: Colorado Wealth Management Fund Summary The quarter was decent. Earnings came in in line on GAAP and a penny under on Core EPS. That's rounding error differences. Don't focus too much on the consensus estimates - the estimates were poorly done. If analysts were right on net interest income, they would've been wrong on EPS. Granite Point's best accomplishment for the quarter was increasing leverage to the bottom of our optimal range. However, the decreasing credit spread on new assets is a concern to watch. We would like to see Granite Point taking more advantage of CLOs to lock in the cheap cost of financing for its assets. This is the REIT's best source of funds. Granite Point Mortgage Trust ( GPMT ) delivered its Q3 2018 earnings release on November 5th. We’ll take readers through it quickly using some slides from the GPMT Q3 2018 earnings presentation . We’v Show less Read more
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