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

ARMOUR Residential REIT

26/04/2023 22:51

* ARMOUR Residential REIT Inc  ARR.N  reported quarterly
adjusted
earnings of 27 cents​​ per share for the quarter ended in March.
The mean expectation of six analysts for the quarter was
for earnings of 27 cents per share.
    * Revenue was $11.99 million​; analysts expected $48.62
million. 
    * ARMOUR Residential REIT Inc's reported EPS for the quarter
was a
loss of 19 cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * ARMOUR Residential REIT Inc shares had fallen by 4.2% this
quarter and lost 10.7% so far this year.
    * The company reported a quarterly loss of $34.35 million.
    * Wall Street's median 12-month price target for ARMOUR
Residential REIT Inc is $5.75 
    * 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 LSEG Refinitiv data
April 26 at 09:51 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.27           0.27           Met
 Dec. 31 2022      0.29           0.27           Missed
 Sep. 30 2022      0.29           0.32           Beat
 Jun. 30 2022      0.26           0.29           Beat