Agnc Investment Corp Reports Results For The Quarter Ended In June: Earnings Summary

AGNC Investment

24/07/2023 23:43

* AGNC Investment Corp  AGNC.OQ  reported quarterly adjusted
earnings of 67 cents​​ per share for the quarter ended in June.
The mean expectation of eleven analysts for the quarter was
for earnings of 63 cents per share.
    * Revenue rose 121.9% to $-69.00 million from a year ago;
analysts
expected $378.86 million. 
    * AGNC Investment Corp's reported EPS for the quarter was 43
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * AGNC Investment Corp shares had fallen by 0.3% this
quarter and
lost 2.4% so far this year.
    * The company reported quarterly net income of $255 million.
    * Wall Street's median 12-month price target for AGNC
Investment
Corp is $10.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
24 at 10:43 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.63           0.67           Beat
 Mar. 31 2023      0.65           0.70           Beat
 Dec. 31 2022      0.66           0.74           Beat
 Sep. 30 2022      0.69           0.84           Beat