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

Arlington Asset Investment

03/08/2021 23:48

* Arlington Asset Investment Corp  AAIC.N  reported quarterly
adjusted earnings of 7 cents​​ per share for the quarter ended
in June. The mean expectation of three analysts for the quarter
was for earnings of 4 cents per share.
* Revenue rose 35.1% to $5.09 million from a year ago;  analysts
expected $3.21 million. 
* Arlington Asset Investment Corp's reported EPS for the quarter
was a loss of 24 cents​.
* The mean earnings estimate of analysts had fallen by
about 41.4% 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 5.4% this
quarter and gained 1.6% so far this year.
* The company reported a quarterly loss of $7.78 million.
* Wall Street's median 12-month price target for Arlington Asset
Investment Corp is $4.50 
* 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 August 3 at 10:48 p.m.  ​All
figures in US dollars unless otherwise stated