ARMOUR Residential REIT (ARR) Misses Q2 EPS by 7c

ARMOUR Residential REIT (NYSE: ARR) reported Q2 EPS of $0.19, $0.07 worse than the analyst estimate of $0.26.

Second Quarter 2020 Highlights

• ARMOUR Comprehensive Income of $23.4 million represents $0.33 per common share.
• ARMOUR Core Income of $14.8 million represents $0.19 per common share.
• ARMOUR resumed monthly common stock dividends with a $0.09 per share dividend paid on June 29, 2020.
• ARMOUR announced common stock dividend guidance on June 22, 2020 of $0.10 per share on a monthly basis and confirmed on July 1, 2020 a $0.10 dividend for July, payable July 30, 2020 to holders of record on July 15, 2020.
• ARMOUR acquired $2.4 billion of Agency MBS and $650 million of TBA Securities during Q2.

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

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