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-0.00115026174323344 -0.00115026174323344 -0.00115026174323344 -0.00403765346604378 0.00589215709288953 0.00119721120214102 0.00354468414751528 0.00433108758421571
Stock impact report

Bimini Capital Management Announces First Quarter 2024 Results [Yahoo! Finance]

Orchid Island Capital, Inc. (ORC) 
Last orchid island capital, inc. earnings: 10/24 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
First Quarter 2024 Highlights Net income of $0.2 million, or $0.02 per common share Book value per share of $0.83 Company to discuss results on Friday, May 3, 2024, at 10:00 AM ET Management Commentary Commenting on the first quarter results, Robert E. Cauley, Chairman and Chief Executive Officer, said, "The current economic and interest rate cycle that began with the onset of the COVID-19 pandemic in 2020 was supposed to end in early 2024 as the Fed pivoted and started to reverse their tight monetary policy. The economy and inflation are simply too strong for this to occur, at least not yet. While market participants still expect some easing of monetary policy over the course of 2024, the starting point continues to get pushed out further and further into the future and the magnitude of the anticipated easing continues to decrease. Incoming economic data so far in 2024 is consistent with firming inflation and a solid economy, and the labor market shows no signs of weakness Show less Read more
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