Armour Residential Reit Inc Expected To Post Earnings Of 24 Cents A Share: Earnings Preview

ARMOUR Residential REIT

21/07/2023 12:34

* ARMOUR Residential REIT Inc  ARR.N   ARR  is expected
to show a
rise in quarterly revenue when it reports  results on July 25
(estimated). 
    * The Vero Beach Florida-based  company is expected to
report  a
52.5% increase in revenue to $53.433 million from $35.05 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ARMOUR Residential
REIT
Inc is for earnings of 24 cents 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 $5.5​, above​ its last closing price
of $5.07. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.26        0.27       0.27      Met     0.6
 Dec. 31 2023  0.29        0.29       0.27      Missed  -7.7
 Sep. 30 2022  0.28        0.29       0.32      Beat    12.3​
 Jun. 30 2022  0.26        0.26       0.29      Beat    11.8
 ​​Mar.        0.24        0.26       0.28      Beat    8.9
 31 2022                                                
 Dec. 31 2021  0.28        0.27       0.27      Met     -1.2​
 Sep. 30 2021  0.24        0.25       0.25      Met     -0.3
 Jun. 30 2021  0.27        0.27       0.21      Missed  -23.6
 This summary was machine generated July 21 at 11:33 GMT.  All
figures in US dollars  unless otherwise stated