Annaly Capital Management (NLY) Tops Q4 EPS by 2c, Beats on Revenues
Annaly Capital Management (NYSE: NLY) reported Q4 EPS of $0.31, $0.02 better than the analyst estimate of $0.29. Revenue for the quarter came in at $746.8 million versus the consensus estimate of $675.34 million.
Quarterly Financial Highlights
- GAAP net income of $746.8 million, $0.62 per average common share
- Core earnings (excluding PAA) were $387.0 million, $0.31 per average common share
- GAAP return on average equity was 20.58% and core return on average equity (excluding PAA) was 10.67%
- Book value per common share of $11.34
- Economic leverage of 6.6x as compared to 6.9x at September 30, 2017
- Net interest margin (excluding PAA) of 1.51%, up from 1.47% in the prior quarter
- Declared common stock dividend of $0.30 per share for the 17th consecutive fiscal quarter
- 2017 annual economic return of 12.4%
For earnings history and earnings-related data on Annaly Capital Management (NLY) click here.
