Invesco Mortgage Capital Laps the Stock Market: Here's Why

The latest trading session saw Invesco Mortgage Capital (NYSE: IVR) ending at $9.01, denoting a +1.46% adjustment from its last day's close. The stock's performance was ahead of the S&P 500's daily gain of 0.25%. At the same time, the Dow added 0.2%, and the tech-heavy Nasdaq gained 0.56%.

The real estate investment trust's shares have seen an increase of 1.95% over the last month, surpassing the Finance sector's gain of 1.86% and the S&P 500's gain of 1.65%.

The investment community will be paying close attention to the earnings performance of Invesco Mortgage Capital in its upcoming release. The company is expected to report EPS of $0.78, down 48.34% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $8.94 million, indicating a 5.2% downward ...