Annaly Capital Management (NYSE: NLY) reported Q1 EPS of $0.30, in-line with the analyst estimate of $0.30.

Quarterly Financial Highlights

• GAAP net income of $1.3 billion, $1.12 per average common share
• Core earnings (excluding PAA) were $385.3 million, $0.30 per average common share
• GAAP return on average equity was 36.86% and core return on average equity (excluding PAA) was 10.70%
• Book value per common share of $10.53
• Economic leverage of 6.5x as compared to 6.6x at December 31, 2017
• Net interest margin (excluding PAA) of 1.52%, up from 1.51% in the prior quarter
• Increased hedge ratio to 94%, up from 70% as of December 31, 2017

For earnings history and earnings-related data on Annaly Capital Management (NLY) click here.