Is IVR's earnings trend improving or worsening?

Invesco Mortgage Capital (IVR) is experiencing a decline in its earnings trend. The company's net income and revenue have significantly decreased, with a year-over-year growth rate of -87.11% and -74.06%, respectively. The diluted EPS has also shown a decline, with a Yoy growth rate of -7.61%. These figures indicate a worsening earnings trend for IVR. 1. **Net Income Trend**: IVR's net income has decreased to $3.51 million, which is a substantial drop from the previous year's quarter, where the company reported a net income of $8.29 million. This represents an 87.11% decline, indicating a severe deterioration in profitability. 2. **Revenue Trend**: The total revenue of IVR has also plummeted, with a Yoy growth rate of -74.06%. The company generated $8.29 million in revenue, a significant decrease from the previous year's $14.79 million, which indicates a 74.06% decline. 3. **Earnings Per Share (EPS) Trend**: The diluted EPS of IVR has experienced a negative growth rate of 7.61%. This suggests that not only has the company's earnings decreased, but the number of shares outstanding has also contributed to the decline in EPS. 4. **Market Performance and Analyst Expectations**: IVR's stock has faced significant challenges, with a decrease of 8.03% over the last month. Analysts have lowered their expectations for IVR's earnings, reflecting the negative sentiment surrounding the company. The Zacks Rank, which considers these estimate changes, has placed IVR at a #3 (Hold), indicating a cautious outlook. In conclusion, IVR's earnings trend is currently worsening, with significant declines in net income, revenue, and diluted EPS. The company's financial performance is under pressure, and analysts are adjusting their expectations downward, which is a clear indication of the deteriorating earnings trend.