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

Arlington Asset Investment

10/08/2022 24:58

* Arlington Asset Investment Corp  AAIC.N  reported
quarterly
adjusted earnings of 5 cents​​ per share for the quarter ended
in June. The mean expectation of three analysts for the quarter
was for earnings of 7 cents per share.
    * Revenue fell 15.4% to $4.30 million from a year ago;
analysts
expected $5.14 million. 
    * Arlington Asset Investment Corp's reported EPS for the
quarter
was a loss of 1 cent​.
    * The mean earnings estimate of analysts had risen by
about 113.7%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Arlington Asset Investment Corp shares had risen by 1.5%
this
quarter and lost 5.7% so far this year.
    * The company reported a quarterly loss of $400 thousand.
    * 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 no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 9
at 11:57 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.07           0.05           Missed
 Mar. 31 2022      0.03           0.05           Beat
 Dec. 31 2021      0.07           0.02           Missed
 Sep. 30 2021      0.06           0.06           Met