Armour Residential Reit Inc Expected To Post Earnings Of $1.00 A Share: Earnings Preview

ARMOUR Residential REIT

09/02/2024 11:06

* ARMOUR Residential REIT Inc  ARR.N   ARR  is expected
to show a
rise in quarterly revenue when it reports  results on February
13 (estimated) for the period ending December 31 2023
    * The Vero Beach Florida-based  company is expected to
report a
100.4% increase in revenue to $33.092 million from $16.51
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data. (Revenue concensus is on Net
Interese Income Basis)
    * ​LSEG's mean analyst estimate for ARMOUR Residential REIT
Inc is
for earnings of $1.00 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for ARMOUR
Residential REIT Inc is $19.25​, above​ its last closing price
of $18.56. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.13        1.15       1.08      Missed  -6.1
 Jun. 30 2023  1.11        1.22       1.15      Missed  -5.4
 Mar. 31 2023  1.32        1.34       1.35      Beat    0.6​
 Dec. 31 2022  1.46        1.46       1.35      Missed  -7.7
 ​​Sep.        1.41        1.43       1.60      Beat    12.3
 30 2022                                                
 Jun. 30 2022  1.31        1.30       1.45      Beat    11.8​
 Mar. 31 2022  1.19        1.29       1.40      Beat    8.9
 Dec. 31 2021  1.39        1.37       1.35      Missed  -1.2
 This summary was machine generated February 9 at 11:06 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)