Exploring Dynex Cap's Earnings Expectations

Dynex Cap (NYSE:DX) is set to give its latest quarterly earnings report on Monday, 2024-10-21. Here's what investors need to know before the announcement.

Analysts estimate that Dynex Cap will report an earnings per share (EPS) of $-0.02.

Dynex Cap bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Performance in Previous Earnings

Last quarter the company beat EPS by $0.07, which was followed by a 1.06% increase in the share price the next day.

Here's a look at Dynex Cap's past performance and the resulting price change:

Quarter	Q2 2024	Q1 2024	Q4 2023	Q3 2023
EPS Estimate	-0.19	-0.09	-0.20	-0.11
EPS Actual	-0.12	-0.30	-0.24	-0.28
Price Change %	1.0%	3.0%	-3.0%	-3.0%

Dynex Cap Share Price Analysis

Shares of Dynex Cap were trading at $12.66 as of October 17. Over the last 52-week period, shares are up 23.3%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Dynex Cap visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.