Armour Residential Reit Inc Expected To Post Earnings Of 29cents A Share: Earnings Preview

ARMOUR Residential REIT

10/02/2023 11:01

* ARMOUR Residential REIT Inc  ARR.N   ARR  is expected
to show a
rise in quarterly revenue when it reports  results on February
14 (estimated). 
    * The Vero Beach Florida-based  company is expected to
report  a
102.3% increase in revenue to $41.481 million from $20.5 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 29 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for ARMOUR
Residential REIT Inc is $5.75​, below​ its last closing price
of $6.07. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  0.24        0.26       0.28      Beat    8.9​
 Dec. 31 2021  0.28        0.27       0.27      Met     -1.2
 ​​Sep.        0.24        0.25       0.25      Met     -0.3
 30 2021                                                
 Jun. 30 2021  0.27        0.27       0.21      Missed  -23.6​
 Mar. 31 2021  0.31        0.31       0.23      Missed  -25.8
 Dec. 31 2020  0.34        0.34       0.32      Missed  -5.9
 This summary was machine generated February 10 at 11:01 GMT. 
All figures in US dollars  unless otherwise stated