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Armour Residential Reit Inc Reports Results For The Quarter Ended June 30: Earnings Summary

ARMOUR Residential REIT Inc ARR.N reported quarterly adjusted earnings of 77 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.08.  The mean expectation of five analysts for the quarter was for earnings of 82 cents per share. Wall Street expected results to range from 76 cents to 92 cents per share.

Revenue rose 372.9% to $33.10 million from a year ago; analysts expected $59.43 million.

ARMOUR Residential REIT Inc's reported EPS for the quarter was a loss of 94 cents​.

The company reported a quarterly loss of $75.6 million.

ARMOUR Residential REIT Inc shares had fallen by 0.8% this quarter and lost 11.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 9.5% in the last three months.​

In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is  "buy."

Wall Street's median 12-month price target for ARMOUR Residential REIT Inc is $18.00, about 6.2% above its last closing price of $16.89

This summary was machine generated from LSEG data July 23 at 09:02 p.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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.820.77Missed
Mar. 31 20250.880.86Missed
Dec. 31 20240.980.78Missed
Sep. 30 20240.991.00Beat

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