MFA Financial Inc reports results for the quarter ended in June - Earnings Summary

MFA Financial

03/08/2023 16:06

* MFA Financial Inc  MFA.N  reported quarterly adjusted
earnings
of 40 cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
34 cents per share.
    * Revenue fell 15.4% to $44.51 million from a year ago;
analysts
expected $49.41 million. 
    * MFA Financial Inc's reported EPS for the quarter was a
loss
of 34 cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * MFA Financial Inc shares had held steady so far this
quarter and
gained 14.1% so far this year.
    * The company reported a quarterly loss of $34.15 million.
    * Wall Street's median 12-month price target for MFA
Financial Inc
is $12.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 03:05 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.34           0.40           Beat
 Mar. 31 2023      0.33           0.63           Beat
 Dec. 31 2022      0.25           -0.02          Missed
 Sep. 30 2022      -0.82          -0.62          Beat