Earnings Call Summary | Cherry Hill Mortgage Investment(CHMI.US) Q2 2024 Earnings Conference
Earnings Call Summary | Cherry Hill Mortgage Investment(CHMI.US) Q2 2024 Earnings Conference
The following is a summary of the Cherry Hill Mortgage Investment Corporation (CHMI) Q2 2024 Earnings Call Transcript:
以下是Cherry Hill Mortgage Investment Corporation (CHMI) Q2 2024業績會議要點總結：
Financial Performance:
金融業績：
Cherry Hill reported a GAAP net loss applicable to common stockholders of $0.06 per diluted share.
Earnings available for distribution (EAD) were $2.3 million, or $0.08 per share, impacted by $0.06 per share of expenses related to the Special Committee's efforts.
Book value per common share decreased to $4.15, driven by Special Committee expenses and high dividend payments on Class B preferred shares.
Cherry Hill報告每股攤薄後應占普通股股東的GAAP淨損失爲0.06美元。
可分配收益（EAD）爲230萬美元，即每股0.08美元，受特別委員會努力的0.06美元每股費用的影響。
每股普通股的賬面價值降至4.15美元，主要由於特別委員會支出和b類優先股股息高導致。
Business Progress:
業務進展：
Cherry Hill has initiated the internalization of management to become a fully integrated internally managed mortgage REIT. This transition aims to reduce expenses, enhance earnings, and align management with the investment community.
The company strategically sold over $1 billion in UPB of low loan balance MSRs to improve portfolio efficiency and reduce servicing costs.
Cherry Hill已經啓動管理內部化，成爲完全一體化的內部管理抵押貸款REIT。這一轉變旨在降低成本，增強收益，並將管理與投資社區對齊。
公司戰略性出售價值超過10億美元的低貸款餘額MSR，以提高組合效率和降低服務成本。
Opportunities:
機會：
The anticipated Federal Reserve rate cuts should enable Cherry Hill to reposition its portfolio to take advantage of the steepening yield curve.
Cherry Hill plans to invest in Agency RMBS offering strong risk-adjusted returns and reduce the portion of preferred equity in its capital structure.
預期的聯儲局減息應能使Cherry Hill重新調整其組合，以利用陡峭的收益曲線。
Cherry Hill計劃投資於提供強有力風險調整回報的機構RMBS，並減少其資本結構中優先股的比例。
Risks:
風險：
Continued market volatility exacerbated by geopolitical unrest, the upcoming U.S. Presidential election, and possible central bank interest rate cuts impacting portfolio performance.
持續的市場波動加劇了地緣政治動盪，即將到來的美國總統選舉和可能的中央銀行利率削減，影響了投資組合的表現。
More details: Cherry Hill Mortgage Investment IR
更多詳情：Cherry Hill Mortgage Investment IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。