Armour Residential Reit Inc Reports Results For The Quarter Ended December 31: Earnings Summary

ARMOUR Residential REIT

13/02/2025 01:59

* ARMOUR Residential REIT Inc  ARR.N  reported quarterly
adjusted
earnings of 78 cents​​ per share for the quarter ended December
31, lower than the same quarter last year, when the company
reported EPS of $1.07.  The mean expectation of six analysts for
the quarter was for earnings of 98 cents per share. Wall Street
expected results to range from 91 cents to $1.02 per share.
    * Revenue rose 119% to $12.70 million from a year ago;
analysts
expected $47.62 million. 
    * ARMOUR Residential REIT Inc's reported EPS for the quarter
was a
loss of 83 cents​.
    * The company reported a quarterly loss of $46.44 million.
    * ARMOUR Residential REIT Inc shares had risen by 1.1% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the specialized
reits
peer group is also "hold"

Wall Street's median 12-month price target for ARMOUR
Residential REIT Inc is $20.00 
This summary was machine generated from LSEG data February 13 at
01:59 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.98           0.78           Missed
 Sep. 30 2024      0.99           1.00           Beat
 Jun. 30 2024      0.99           1.08           Beat
 Mar. 31 2024      0.97           0.82           Missed