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

Arlington Asset Investment

06/05/2021 17:20

* Arlington Asset Investment Corp  AAIC.N  reported quarterly
adjusted earnings of 3 cents​​ per share for the quarter ended
in March. The mean expectation of two analysts for the quarter
was for earnings of 7 cents per share.
* Revenue fell 58.9% to $3.76 million from a year ago​; 
analysts expected $2.51 million.
* Arlington Asset Investment Corp's reported EPS for the quarter
was a loss of 20 cents​.
* The mean earnings estimate of analysts had risen by
about 12.7% 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 risen by 2.2% this
quarter and gained 9.3% so far this year.
* The company reported a quarterly loss of $6.76 million.
* Wall Street's median 12-month price target for Arlington Asset
Investment Corp is $4.13 
* 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 May 6 at 04:19 p.m. GMT. ​All
figures in US Dollars.​