Arlington Asset Investment Corp reports results for the quarter ended in December - Earnings Summary

Arlington Asset Investment

31/03/2023 12:24

* Arlington Asset Investment Corp  AAIC.N  reported
quarterly
adjusted earnings of 9 cents​​ per share for the quarter ended
in December. The mean expectation of three analysts for the
quarter was for earnings of 8 cents per share.
    * Revenue rose 70.2% to $6.89 million from a year ago;
analysts
expected $9.79 million. 
    * Arlington Asset Investment Corp's reported EPS for the
quarter
was 13 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Arlington Asset Investment Corp shares had fallen by 6.5%
this
quarter.
    * The company reported quarterly net income of $3.73
million.
    * Wall Street's median 12-month price target for Arlington
Asset
Investment Corp is $4.88 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 31 at 11:24 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.08           0.09           Beat
 Sep. 30 2022      0.05           0.11           Beat
 Jun. 30 2022      0.07           0.05           Missed
 Mar. 31 2022      0.03           0.05           Beat