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

ARMOUR Residential REIT

26/10/2023 04:48

* ARMOUR Residential REIT Inc  ARR.N  reported quarterly
adjusted
earnings of $1.08​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of $1.15 per share.
    * Revenue fell 85.7% to $3.60 million from a year ago;
analysts
expected $6.99 million. 
    * ARMOUR Residential REIT Inc's reported EPS for the quarter
was a
loss of $3.92​.
    * The mean earnings estimate of analysts had fallen by
about 1.4%
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 fallen by 29.6%
this
quarter and lost 46.9% so far this year.
    * The company reported a quarterly loss of $182.16 million.
    * Wall Street's median 12-month price target for ARMOUR
Residential REIT Inc is $30.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 03:48 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.15           1.08           Missed
 Jun. 30 2023      1.22           1.15           Missed
 Mar. 31 2023      1.34           1.35           Beat
 Dec. 31 2022      1.46           1.35           Missed