EARN

Ellington Credit Co

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Ellington Credit Co (EARN) Stock News

The latest EARN headlines and market coverage — 7 recent stories, updated throughout the day.

• Benzinga·4d ago

  McRAE INDUSTRIES, INC. REPORTS EARNINGS FOR THE THIRD QUARTER AND FIRST NINE MONTHS OF FISCAL 2026

  MOUNT GILEAD, N.C. , June 15, 2026 /PRNewswire/ -- McRae Industries, Inc. (Pink Sheets: MCRAA and MCRAB) reported consolidated net revenues for the third quarter of fiscal 2026 of $27,418,000 as compared to $30,870,000 for the third quarter of fiscal 2025. Net earnings for the third quarter of fiscal 2026 amounted to $858,000, or $0.38 per diluted Class A common share, as compared to $3,160,000, or $1.40 per diluted Class A common share, for the third quarter of fiscal 2025. Consolidated net revenues for the first nine months of fiscal 2026 totaled $86,569,000 as compared to $87,120,000 for the first nine months of fiscal 2025. Net earnings for the first nine months of fiscal 2026 amounted to $3,262,000, or $1.45 per diluted Class A common share, as compared to net earnings of $6,059,000, or $2.68 per diluted Class A common share, for the first nine months of fiscal 2025. THIRD QUARTER FISCAL 2026 COMPARED TO THIRD QUARTER FISCAL 2025 Consolidated net revenues totaled $27.4 million for the third quarter of fiscal 2026 as compared to $30.9 million for the third quarter of fiscal 2025. Sales related to our western/lifestyle boot products for the third quarter of fiscal 2026 totaled $19.7 million as compared to $20.2 million for the third quarter of fiscal 2025. This decrease in net revenues was mainly driven by a decrease in our Laredo brand. Revenues from our work boot products decreased from $8.7 million for the third quarter of fiscal 2025 to $7.9 million for the third quarter of fiscal 2026. This was primarily a result of decreased orders on military boots. Additionally, third quarter revenues for fiscal 2025 included $2.0 million in land sales through our affiliate American Mortgage Investment Company (AMIC). Consolidated gross profit for the third quarter of fiscal 2026 amounted to approximately $6.9 million as compared to $9.8 million for the third quarter of fis

• Benzinga·21d ago

  ALLIANCEBERNSTEIN GLOBAL HIGH INCOME FUND, INC. REPORTS FOURTH QUARTER EARNINGS

  NEW YORK , May 29, 2026 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF ), a registered closed‑end investment company, today announced earnings for the fourth quarter ended March 31, 2026. Total net assets of the Fund on March 31, 2026 were $963,393,828 as compared with $985,227,126 on December 31, 2025 and $966,409,431 on March 31, 2025. On March 31, 2026, the net asset value per share was $11.17 based on 86,229,677 shares of common stock outstanding. March 31, 2026 December 31, 2025 March 31, 2025 Total Net Assets $963,393,828 Full story available on Benzinga.com

• Benzinga·23d ago

  BURLINGTON STORES REPORTS STRONG FIRST QUARTER SALES AND EARNINGS GROWTH, WELL AHEAD OF GUIDANCE. THIS REPRESENTS THE 14TH CONSECUTIVE QUARTER OF DOUBLE DIGIT EPS GROWTH.

  <link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <ul> <li style="list-style-type:none;"> <ul> <li style="text-align:left;"><strong>Total sales increased 14%, on top of 6% last year </strong></li> <li style="text-align:left;"><strong>Comparable store sales increased 6%</strong></li> <li style="text-align:left;"><strong>Net income was $115 million, and diluted EPS was $1.79 </strong></li> <li style="text-align:left;"><strong>Excluding certain expenses associated with bankruptcy acquired leases: </strong> <ul> <li><strong>Adjusted EPS increased 26% to $2.10, well above guidance</strong></li> <li><strong>Full year adjusted EPS guidance is now $11.45 to $11.80<br /><br /></strong></li> </ul> </li> </ul> </li> </ul> <p align="left">BURLINGTON, N.J., May 28, 2026 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/BURL" rel="nofollow">BURL</a>), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and merchandise for the home at everyday low prices, today announced its results for the first quarter ended May 2, 2026.</p> <p align="left">Michael O'Sullivan, CEO, stated, "We are pleased with our strong performance in the first quarter. Adjusted EPS grew 26% versus the first quarter of last year, which represented our 14th consecutive quarter of double digit EPS growth. This track record demonstrates our ability to consistently convert sales into operati

• Benzinga·May 21, 2026

  CATO REPORTS 1Q EARNINGS

  CHARLOTTE, N.C. , May 21, 2026 /PRNewswire/ -- The Cato Corporation (NYSE: CATO ) today reported net income of $9.3 million or $0.47 per diluted share for the first quarter ended May 2, 2026, compared to net income of $3.3 million or $0.17 per diluted share for the first quarter ended May 3, 2025. Sales for the first quarter ended May 2, 2026 were $169.5 million, or an increase of 0.7% from sales of $168.4 million for the first quarter ended May 3, 2025. The Company's same-store sales for the quarter increased 3%. "Our results significantly benefited from the refund claim of IEEPA (International Emergency Economic Powers Act) tariffs in the quarter. Our sales trend softened as the quarter continued in part due to higher fuel prices pressuring our customers' discretionary income," said John Cato, Chairman, President and Chief Executive Officer. " For the foreseeable future we expect our sales to be negatively impacted by rising inflation, especially fuel and food prices, which will reduce our customers' discretionary income." First quarter gross margin as a percentage of sales was 37.2% in 2026 and 35.1% in 2025. The increase in gross margin as a percentage of sales is due in part to a pre-tax $5.7 million tariff refund claim partially offset by lower merchandise contribution caused in part by higher sales of marked-down goods. Selling, General and Administrative expense decreased to $53.9 million in the first quarter of 2026 from $55.3 million in 2025 due to decreases in corporate payroll expense, insurance costs and equipment maintenance partially offset by incentive compensation expense. Selling, General and Administrative expense as a percentage of sales decreased to 31.8% in 2026 compared to 32.8% in 2025. Interest and other income were $1.2 million in both 2026 and 2025. Income tax expense for the quarter decreased to $0.5 million in 2026 from $0.9 million in 202

• Benzinga·May 20, 2026

  LOWE'S REPORTS FIRST QUARTER 2026 SALES AND EARNINGS RESULTS

  <p xmlns="http://www.w3.org/1999/xhtml" class="prntac"><b xmlns="http://www.w3.org/1999/xhtml">— Diluted EPS of $2.90; Adjusted Diluted EPS</b><b xmlns="http://www.w3.org/1999/xhtml"><sup xmlns="http://www.w3.org/1999/xhtml">1</sup></b><b xmlns="http://www.w3.org/1999/xhtml"> of $3.03 —<br xmlns="http://www.w3.org/1999/xhtml" /></b><b xmlns="http://www.w3.org/1999/xhtml">— Comparable Sales increased 0.6% — <br xmlns="http://www.w3.org/1999/xhtml" /></b><b xmlns="http://www.w3.org/1999/xhtml">— Affirms Full Year 2026 Outlook —</b></p> <p xmlns="http://www.w3.org/1999/xhtml" id="temp_ReleaseStart"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">MOORESVILLE, N.C.</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">May 20, 2026</span> /PRNewswire/ -- Lowe's Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/LOW" rel="nofollow">LOW</a>) today reported net earnings of $1.6 billion and diluted earnings per share (EPS) of $2.90 for the quarter ended May 1, 2026, compared to diluted EPS of $2.92 in the first quarter of 2025. During the first quarter, the company recognized $96 million in pre-tax expenses associated with the acquisitions of Foundation Building Materials (FBM) and Artisan Design Group (ADG). Excluding these expenses, first quarter 2026 adjusted diluted EPS<sup xmlns="http://www.w3.org/1999/xhtml">1</sup> increased 3.8% to $3.03 compared to the prior-year diluted EPS.</p> <div xmlns="http://www.w3.org/1999/xhtml" class="P

• Benzinga·May 19, 2026

  JOHN HANCOCK CLOSED-END FUNDS RELEASE EARNINGS DATA

  BOSTON , May 19, 2026 /PRNewswire/ - The John Hancock Closed-End Funds listed in the table below announced earnings 1 for the three months ended April 30, 2026. The same data for the comparable three-month period ended April 30, 2025 is also available below. Three Months Ended 04/30/2026 Ticker Fund Name Current Fiscal Year End Net Investment Income Per Common Share NAV Total Managed Assets Total Net Assets HPI Preferred Income Fund 7/31 $ 7,535,537 $ 0.281 $15.74 $ 678,919,741 * $ 421,819,741 HPF Preferred Income Fund II 7/31 $ 6,108,284 $ 0.282 $15.59 $ 544,450,049 * $ 337,750,049 HPS Preferred Income Fund III 7/31 $ 8,158,019 $ 0.253 $14.04 $ 726,239,214 * $ 451,939,214 JHS Income Securities Trust 10/31 $ 1,784,360 $ 0.153 $12.21 $ 233,450,409 * $ 142,150,409 JHI Investors Trust 10/31 $ 2,679,597 $ 0.306 $14.61 $ 214,681,835 * $ 127,781,835 Full story available on Benzinga.com

• Benzinga·May 11, 2026

  VINCI COMPASS REPORTS FIRST QUARTER 2026 EARNINGS RESULTS

  Vinci Compass Investments (NASDAQ:VINP) reported strong first quarter 2026 results with record Fee Related Earnings of R$96.3 million (R$1.47 per share) and a 35.4% FRE margin. The company declared a quarterly dividend of US$0.17 per share and highlighted contributions from Verde integration, fundraising momentum, and expansion through the announced BACS combination in Argentina.