Armour Residential Reit Inc Expected To Post Earnings Of 26 Cents A Share: Earnings Preview

ARMOUR Residential REIT

18/07/2022 12:21

* ARMOUR Residential REIT Inc  ARR.N   ARR  is expected
to show a
rise in quarterly revenue when it reports  results on July 20
(estimated). 
    * The Vero Beach Florida-based  company is expected to
report  a
93.7% increase in revenue to $32.287 million from $16.67 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ARMOUR Residential
REIT
Inc is for earnings of 26 cents per share. For the same quarter
last year, the company reported earnings of 21 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 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for ARMOUR
Residential REIT Inc is $7.5​, above​ its last closing price
of $6.94. ​​​
    * 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 2022  0.24        0.26       0.28      Beat    8.9
 Dec. 31 2022  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
 ​​Mar.        0.31        0.31       0.23      Missed  -25.8
 31 2021                                                
 Dec. 31 2020  0.34        0.34       0.32      Missed  -5.9​
 Sep. 30 2020  0.33        0.33       0.35      Beat    4.6
 Jun. 30 2020  0.26        0.26       0.19      Missed  -27
 This summary was machine generated July 18 at 11:21 GMT.  All
figures in US dollars  unless otherwise stated