Annaly Capital Management Inc reports results for the quarter ended in September 30 - Earnings Summary

Annaly Capital Management

24/10/2024 04:17

* Annaly Capital Management Inc  NLY.N  reported quarterly
adjusted earnings of 66 cents​​ per share for the quarter ended
September 30, identical to the same quarter last year.  The mean
expectation of twelve analysts for the quarter was for earnings
of 67 cents per share. Wall Street expected results to range
from 62 cents to 70 cents per share.
    * Revenue rose 22.8% to $1.23 billion from a year ago;
analysts
expected $1.14 billion. 
    * Annaly Capital Management Inc's reported EPS for the
quarter was
5 cents​.
    * The company reported quarterly net income of $24.82
million.
    * Annaly Capital Management Inc shares had fallen by 2.1%
this
quarter and gained 1.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the specialized
reits
peer group is also "buy"

Wall Street's median 12-month price target for Annaly Capital
Management Inc is 21.50 
This summary was machine generated from LSEG data October 24 at
03:16 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.67           0.66           Missed
 Jun. 30 2024      0.65           0.68           Beat
 Mar. 31 2024      0.64           0.64           Met
 Dec. 31 2023      0.65           0.68           Beat