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Ellington Financial Inc. Reports Fourth Quarter 2024 Results

1. EFC reports Q4 2024 net income of $22.4 million. 2. Performance varied across strategies, with credit strategy showing strong gains.

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FAQ

Why Bullish?

EFC's net income and credit strategy results indicate strong financial performance, similar to past successful quarters.

How important is it?

Strong earnings report typically suggests positive market confidence and potential price action for EFC.

Why Short Term?

Investor sentiment may improve quickly based on these quarterly results, impacting stock price soon.

Related Companies

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we") today reported financial results for the quarter ended December 31, 2024. Highlights Net income attributable to common stockholders of $22.4 million, or $0.25 per common share.1 $25.3 million, or $0.28 per common share, from the investment portfolio. $29.3 million, or $0.32 per common share, from the credit strategy. $(4.0) million, or $(0.04) per common share, from the Agency strategy. $26.8 million, or $0.30 pe.

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