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

Arlington Asset Investment

13/05/2022 03:16

* Arlington Asset Investment Corp  AAIC.N  reported
quarterly
adjusted earnings of 5 cents​​ per share for the quarter ended
in March. The mean expectation of two analysts for the quarter
was for earnings of 3 cents per share.
    * Revenue rose 10.8% to $4.16 million from a year ago; 
analysts
expected $4.40 million. 
    * Arlington Asset Investment Corp's reported EPS for the
quarter
was a loss of 12 cents​.
    * The mean earnings estimate of analysts had fallen by
about 52.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Arlington Asset Investment Corp shares had fallen by 13.0%
this
quarter and lost 13.7% so far this year.
    * The company reported a quarterly loss of $3.44 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 May 13 at 02:15 a.m.  ​All
figures in US dollars unless otherwise stated