Friday, April 6, 2007

UPDATE 1-American Home Mortgage sees lower Q1, 2007 profit

(Reuters) - For the first quarter, the mortgage real estate investment trust said it expects earnings of 40 cents to 60 cents a share. For 2007, it sees earnings of $3.75 to $4.25 a share.

Analysts, on average, had expected first-quarter earnings of $1.01 per share, and 2007 earnings of $4.73 per share, according to Reuters Estimates.


Read more at Reuters.com Bonds News

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