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

MFA Financial

04/05/2023 15:17

* MFA Financial Inc  MFA.N  reported quarterly adjusted
earnings
of 63 cents​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for earnings of
33 cents per share.
    * Revenue fell 37.6% to $39.37 million from a year ago;
analysts
expected $53.20 million. 
    * MFA Financial Inc's reported EPS for the quarter was 63
cents​.
    * The mean earnings estimate of analysts had risen by
about 14.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * MFA Financial Inc shares had risen by 2.7% this
quarter and
gained 3.5% so far this year.
    * The company reported quarterly net income of $64.57
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 May
4 at 02:16 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.33           0.63           Beat
 Dec. 31 2022      0.25           -0.02          Missed
 Sep. 30 2022      -0.82          -0.62          Beat
 Jun. 30 2022      -0.01          -1.06          Missed