Armour Residential Reit Inc Reports Results For The Quarter Ended In June: Earnings Summary

ARMOUR Residential REIT

28/07/2022 03:07

* ARMOUR Residential REIT Inc  ARR.N  reported quarterly
adjusted
earnings of 29 cents​​ per share for the quarter ended in June.
The mean expectation of six analysts for the quarter was
for earnings of 26 cents per share.
    * Revenue rose 110.2% to $35.05 million from a year ago;
analysts
expected $31.37 million. 
    * ARMOUR Residential REIT Inc's reported EPS for the quarter
was a
loss of 58 cents​.
    * The mean earnings estimate of analysts had risen by
about 5.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * ARMOUR Residential REIT Inc shares had risen by 1.6% this
quarter and lost 27.1% so far this year.
    * The company reported a quarterly loss of $61.59 million.
    * Wall Street's median 12-month price target for ARMOUR
Residential REIT Inc is $7.00 
    * 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." 

This summary was machine generated from Refinitiv data July 28
at 02:07 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.26           0.29           Beat
 Mar. 31 2022      0.26           0.28           Beat
 Dec. 31 2021      0.27           0.27           Met
 Sep. 30 2021      0.25           0.25           Met