Federal Home Loan Mortgage Corp (FMCC) Announces Quarterly Earnings, Misses Expectations By $0.86 EPS
Federal Home Loan Mortgage Corp (NASDAQ:FMCC) issued its quarterly earnings data on Wednesday. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by $0.86, StockRatingsNetwork.com reports.
On the ratings front, analysts at Zacks downgraded shares of Federal Home Loan Mortgage Corp from a “hold” rating to a “sell” rating in a research note on Wednesday, April 9th.
Shares of Federal Home Loan Mortgage Corp (NASDAQ:FMCC) opened at 4.33 on Wednesday. Federal Home Loan Mortgage Corp has a 52 week low of $0.98 and a 52 week high of $6.00. The stock has a 50-day moving average of $4.0 and a 200-day moving average of $3.34. The company’s market cap is $13.948 billion.
Federal Home Loan Mortgage Corporation (NASDAQ:FMCC) conducts business in the United States residential mortgage market and the global securities market.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.