Bear Of The Day: Stonegate Mortgage (SGM)
April 01, 2015 at 15:39 PM EDT
Stonegate Mortgage (SGM) has seen its estimates fall due to several factors; Q4 14 earnings and revenues missed the Zacks Consensus Estimates, revenues dropped 58% quarter over quarter, revenues dropped 39% year over year, a heavy cost base, and high difficulty to grow earnings.