ATLANTA (AP) _ Invesco Mortgage Capital Inc. (IVR) on Thursday reported third-quarter web earnings of $89 million, after reporting a loss in the identical interval a 12 months earlier.
On a per-share foundation, the Atlanta-based firm stated it had revenue of 57 cents. Earnings, adjusted for non-recurring beneficial properties, got here to 47 cents per share.
The actual property funding belief posted income of $222.9 million within the interval. Its adjusted income was $99.6 million.
Invesco Mortgage Capital shares have climbed practically 9% because the starting of the 12 months. Within the ultimate minutes of buying and selling on Thursday, shares hit $15.72, a rise of three% within the final 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) utilizing information from Zacks Funding Analysis. Entry a Zacks inventory report on IVR at https://www.zacks.com/ap/IVR