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

Arlington Asset Investment

14/11/2022 23:51

* Arlington Asset Investment Corp  AAIC.N  reported
quarterly
adjusted earnings of 11 cents​​ per share for the quarter ended
in September. The mean expectation of three analysts for the
quarter was for earnings of 5 cents per share.
    * Revenue rose 44.8% to $6.42 million from a year ago;
analysts
expected $7.74 million. 
    * Arlington Asset Investment Corp's reported EPS for the
quarter
was 10 cents​.
    * The mean earnings estimate of analysts had fallen by
about 23.8%
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 16.2%
this
quarter and lost 9.7% so far this year.
    * The company reported quarterly net income of $2.76
million.
    * Wall Street's median 12-month price target for Arlington
Asset
Investment Corp is $4.75 
    * 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 Refinitiv data November
14 at 11:51 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.05           0.11           Beat
 Jun. 30 2022      0.07           0.05           Missed
 Mar. 31 2022      0.03           0.05           Beat
 Dec. 31 2021      0.07           0.02           Missed