MFA Financial Inc expected to post earnings of 40 cents a share - Earnings Preview

MFA Financial

03/05/2024 15:25

* MFA Financial Inc  MFA.N   MFA  is expected to show a rise
in
quarterly revenue when it reports  results on May 6 for the
period ending March 31 2024
    * The New York City-based  company is expected to report a
38.6% increase in revenue to $54.56 million from $39.37 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for MFA Financial Inc is for
earnings of 40 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 had fallen by
about 1.5%
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 $10.91. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  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. 31 2023  0.38        0.33       0.63      Beat    92.8
 ​​Dec.        0.26        0.25       -0.02     Missed  -107.9
 31 2022                                                
 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
 Mar. 31 2022  0.41        0.38       -0.86     Missed  -324.8
 This summary was machine generated May 3 at 14:25 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)