NYSE$RPT
Rithm Property Trust Inc · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Great Ajax Corp. reported results for the quarter ended September 30, 2023.
Great Ajax Corp. reported a net loss attributable to common stockholders of $(6.1) million, or $(0.25) per share, for the quarter ended September 30, 2023. The company's net interest income was $3.0 million, and it held $63.9 million in cash and cash equivalents at the end of the quarter.
- Interest income of $17.9 million; net interest income of $3.0 million
- Net loss attributable to common stockholders of $(6.1) million
- Operating loss of $(2.3) million
- Held $63.9 million of cash and cash equivalents at September 30, 2023
Headline financials
Revenue & EPS history
Great Ajax · Revenue · Quarterly
$3.04M
Revenue by segment
Great Ajax · $23.1M total across 2 segments · Q1 2022
- Loan Interest Income$16.2M-11.0%70.2%
- Earnings from Debt Securities$6.87M+15.6%29.8%
Forward guidance
Great Ajax Corp. is evaluating strategic alternatives, including potential transactions, capital injections, monetization opportunities, and asset sales, with the assistance of Piper Sandler & Co. There is no assurance that this process will result in a successful transaction.
Tailwinds
- Focus on maximizing long-term value for stockholders.
- Engaged Piper Sandler & Co. to assist with a thorough evaluation of strategic alternatives.
- Considering potential capital injections.
- Exploring monetization opportunities.
- Evaluating specific asset sales.
Headwinds
- No assurance that the strategic review process will culminate in a successful transaction.
- Cannot provide any guidance regarding the timing of this process.
- Cannot provide any guidance regarding any possible transaction(s) that might result.
- Reduced the dividend per share amount in order to focus on book value and maximizing stockholder value overall.
- Do not intend to comment further on the review of strategic alternatives until we determine disclosure is necessary or advisable.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2023
-1.0%
Avg return
Earnings day
-0.1%
Avg return
5 days after
-3.0%
Avg return
30 days after
29%
13 / 45 earnings
Positive
+9.2%
Q2 2020
Best reaction
-14.6%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.1% | -1.2% | +0.1% | |
| Q4 2025 | -1.8% | -1.1% | -7.2% | |
| Q3 2025 | -0.8% | +2.4% | +15.7% | |
| Q2 2025 | -1.9% | -6.3% | +1.1% | |
| Q1 2025 | +0.0% | +3.2% | -3.5% | |
| Q4 2024 | -0.3% | +4.8% | -7.9% | |
| Q3 2024 | -1.3% | -3.5% | -2.9% | |
| Q2 2024 | -14.0% | -11.4% | -14.3% | |
| Q1 2024 | +1.6% | +1.8% | -9.2% | |
| Q4 2023 | -14.6% | -19.2% | -27.7% | |
| Q3 2023 | +5.4% | +8.7% | +15.4% | |
| Q2 2023 | -0.6% | -0.7% | -1.2% | |
| Q1 2023 | -7.3% | -7.0% | -5.3% | |
| Q4 2022 | -0.3% | +1.8% | -33.6% | |
| Q3 2022 | -2.8% | -1.6% | -5.7% | |
| Q2 2022 | -6.7% | -5.2% | -17.7% | |
| Q1 2022 | -6.0% | -5.2% | +3.9% | |
| Q4 2021 | -0.8% | -0.7% | -10.3% | |
| Q3 2021 | +2.5% | +0.5% | -12.1% | |
| Q2 2021 | +8.4% | +10.3% | +9.5% | |
| Q1 2021 | +2.9% | +1.4% | +3.6% | |
| Q4 2020 | -5.1% | -0.4% | +13.7% | |
| Q3 2020 | +3.9% | +20.0% | +33.4% | |
| Q2 2020 | +9.2% | +8.7% | +1.6% | |
| Q1 2020 | -5.4% | -2.8% | +11.7% | |
| Q4 2019 | -0.1% | -2.1% | -60.0% | |
| Q3 2019 | -0.3% | +0.8% | -2.9% | |
| Q2 2019 | -0.5% | -2.3% | +4.1% | |
| Q1 2019 | -1.8% | -0.8% | -11.3% | |
| Q4 2018 | +0.0% | +0.6% | +2.5% | |
| Q3 2018 | -0.3% | +0.8% | -1.2% | |
| Q2 2018 | +0.8% | +1.3% | +2.2% | |
| Q1 2018 | -0.1% | -0.1% | -1.6% | |
| Q4 2017 | -1.2% | +0.3% | -0.3% | |
| Q3 2017 | -0.6% | -0.7% | +1.6% | |
| Q2 2017 | +0.7% | +0.4% | +1.9% | |
| Q1 2017 | +1.5% | +3.3% | +3.8% | |
| Q4 2016 | +0.8% | +0.1% | -1.6% | |
| Q3 2016 | -2.8% | -3.0% | -7.4% | |
| Q2 2016 | -0.9% | +0.3% | -2.1% | |
| Q1 2016 | +2.1% | — | — | |
| Q4 2015 | -3.2% | — | — | |
| Q3 2015 | +0.7% | — | — | |
| Q2 2015 | -0.1% | — | — | |
| Q1 2015 | -1.4% | — | — | |
| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — |
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