MFA Financial Inc expected to post earnings of 38 cents a share - Earnings Preview

MFA Financial

06/08/2024 19:52

* MFA Financial Inc  MFA.N   MFA  is expected to show a rise
in
quarterly revenue when it reports  results on August 8 for the
period ending June 30 2024
    * The New York City-based  company is expected to report a
18.8% increase in revenue to $52.85 million from $44.51 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data. (SAL represents Net Interest Income)
    * ​LSEG's mean analyst estimate for MFA Financial Inc is for
earnings of 38 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for MFA
Financial Inc
is $12.25​, above​ its last closing price of $10.45. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.40        0.40       0.35      Missed  -11.4
 Dec. 31 2024  0.39        0.38       0.49      Beat    29.4
 Sep. 30 2023  0.33        0.35       0.40      Beat    14.3​
 Jun. 30 2023  0.34        0.34       0.40      Beat    16.5
 ​​Mar.        0.38        0.33       0.63      Beat    92.8
 31 2023                                                
 Dec. 31 2022  0.26        0.25       -0.02     Missed  -107.9
                                                        ​
 Sep. 30 2022  -0.67       -0.82      -0.62     Beat    24.1
 Jun. 30 2022  -0.68       -0.01      -1.06     Missed  -8,733
                                                        .3
 This summary was machine generated August 6 at 18:52 GMT.  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)