AGNC Investment Corp reports results for the quarter ended December 31 - Earnings Summary

Reuters
28 Jan
<a href="https://laohu8.com/S/AGNCM">AGNC Investment Corp</a> reports results for the quarter ended December 31 - Earnings Summary
  • AGNC Investment Corp AGNC.OQ reported quarterly adjusted earnings of 37 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 60 cents. The mean expectation of fourteen analysts for the quarter was for earnings of 42 cents per share. Wall Street expected results to range from 39 cents to 45 cents per share.

  • Revenue rose 542.3% to $115.00 million from a year ago; analysts expected $214.43 million.

  • AGNC Investment Corp's reported EPS for the quarter was 10 cents​.

  • The company reported quarterly net income of $86 million.

  • AGNC Investment Corp shares had risen by 5.1% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 0.2% in the last three months.​

  • In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the specialized reits peer group is also "buy"

Wall Street's median 12-month price target for AGNC Investment Corp is $10.50

This summary was machine generated from LSEG data January 27 at 10:01 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 ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

0.42

0.37

Missed

Sep. 30 2024

0.50

0.43

Missed

Jun. 30 2024

0.54

0.53

Missed

Mar. 31 2024

0.57

0.58

Beat

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10