Agnc Investment Corp Expected To Post Earnings Of 58 Cents A Share: Earnings Preview

AGNC Investment

19/01/2024 21:55

* AGNC Investment Corp  AGNC.OQ   AGNC.O  is expected
to show a
rise in quarterly revenue when it reports  results on January 22
for the period ending December 31 2023
    * The Bethesda Maryland-based  company is expected to report
a
1,454.4% increase in revenue to $388.609 million from $25
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data. (SAL Represent Net Interest
income)
    * ​LSEG's mean analyst estimate for AGNC Investment Corp is
for
earnings of 58 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months. ​
    * Wall Street's median 12-month price target for AGNC
Investment
Corp is $8.88​, below​ its last closing price of $9.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.65        0.62       0.65      Beat    5.1
 Jun. 30 2023  0.64        0.63       0.67      Beat    6.9
 Mar. 31 2023  0.65        0.65       0.70      Beat    7.3​
 Dec. 31 2022  0.69        0.66       0.74      Beat    12.9
 ​​Sep.        0.78        0.69       0.84      Beat    21.7
 30 2022                                                
 Jun. 30 2022  0.61        0.59       0.83      Beat    41.3​
 Mar. 31 2022  0.63        0.63       0.72      Beat    13.8
 Dec. 31 2021  0.68        0.67       0.75      Beat    11.3
 This summary was machine generated January 19 at 21:55 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)