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

ARMOUR Residential REIT

26/10/2022 23:18

* ARMOUR Residential REIT Inc  ARR.N  reported quarterly
adjusted
earnings of 32 cents​​ per share for the quarter ended in
September. The mean expectation of six analysts for the quarter
was for earnings of 28 cents per share.
    * Revenue rose 23.1% to $25.15 million from a year ago;
analysts
expected $33.78 million. 
    * ARMOUR Residential REIT Inc's reported EPS for the quarter
was a
loss of $1.20​.
    * The mean earnings estimate of analysts had risen by
about 5.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * ARMOUR Residential REIT Inc shares had risen by 1.8% this
quarter and lost 49.4% so far this year.
    * The company reported a quarterly loss of $155.71 million.
    * Wall Street's median 12-month price target for ARMOUR
Residential REIT Inc is $6.00 
    * 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 October
26 at 10:18 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.29           0.32           Beat
 Jun. 30 2022      0.26           0.29           Beat
 Mar. 31 2022      0.26           0.28           Beat
 Dec. 31 2021      0.27           0.27           Met