Capstead Mortgage (NYSE:CMO) 4Q16 earnings; Misses Street View

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Capstead Mortgage (NYSE:CMO) revealed net income for the fourth quarter of $ 13.59 million or 14 cents per share, compared to income of $ 24.54 million or 26 cents per share, in the year-ago period.

Net Interest Income reached $ 20.85 million, decreased 33.91% from $ 31.55 million a year ago.

Analysts polled by Thomson Reuters had expected net income of $ 0.19 a share on Net Interest Income of $ 56.15 million.