CORRECTION: Orchid Island Cap Q2 Adj. EPS $0.26 Misses $0.29 Estimate, Sales $59.972M Beat $52.881M Estimate

Orchid Island Capital, Inc.

Orchid Island Capital, Inc.

ORC

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Orchid Island Cap (NYSE: ORC) reported quarterly earnings of $0.26 per share which missed the analyst consensus estimate of $0.29 by 10.34 percent. This is a 62.5 percent increase over earnings of $0.16 per share from the same period last year. The company reported quarterly sales of $59.972 million which beat the analyst consensus estimate of $52.881 million by 13.41 percent. This is a 159.01 percent increase over sales of $23.154 million the same period last year.