ARMOUR Residential REIT (ARR) Reports Q3 Core EPS of $0.68

ARMOUR Residential REIT (NYSE: ARR) reported Q3 core EPS of $0.68, versus $0.00 reported last year.

• $118.7 million ($3.13 per Common share) net income under Generally Accepted Accounting Principles (“GAAP”)
• $28.9 million ($0.68 per Common share) Core Income including “drop income” (as defined below), which represents an annualized return of 10.2% based on stockholders’ equity at the beginning of the quarter
• 8.57% increase in book value per common share
• $0.66 per share Common dividends for Q3 at the rate of $0.22 per month
• 2.69% average yield on assets and 1.44% average net interest margin
• 10.93% annualized average principal repayment rate (“CPR”)
• 36,746,000 (approximately) weighted average diluted Common shares outstanding

For earnings history and earnings-related data on ARMOUR Residential REIT (ARR) click here.

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