AGNC Investment Corp. Q3 Adjusted Earnings Beat Estimates

AGNC Investment Corp. (AGNC) reported a profit for third quarter that decreased from last year.

The company's earnings came in at $187 million, or $0.35 per share. This compares with $637 million, or $1.15 per share, in last year's third quarter.

Excluding items, AGNC Investment Corp. reported adjusted earnings of $396 million or $0.75 per share for the period.

Analysts had expected the company to earn $0.65 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

AGNC Investment Corp. earnings at a glance:

-Earnings (Q3): $396 Mln. vs. $448 Mln. last year.
-EPS (Q3): $0.75 vs. $0.81 last year.
-Analysts Estimate: $0.65

For comments and feedback contact: editorial@rttnews.com

Business News

Follow RTT