ARMOUR Residential REIT (ARR) Misses Q1 EPS by 1c

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Go back to ARMOUR Residential REIT (ARR) Misses Q1 EPS by 1c

ARMOUR Residential REIT, Inc. Reports Q1 2015 Core and Estimated Taxable REIT Income of $33.5 Million

April 29, 2015 4:05 PM EDT

VERO BEACH, Fla., April 29, 2015 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA, and ARR PrB) ("ARMOUR" or the "Company") today announced financial results for the quarter ended March 31, 2015.

Q1 2015 Highlights and Financial Information

Core Income and estimated taxable Real Estate Investment Trust ("REIT") income of approximately $33.5 million or $0.08 per Common share, which represents a 7.67% return on stockholders' equity at the beginning of the quarter Q1 2015 Generally Accepted Accounting Principles ("GAAP") net loss of approximately $(125.5) million or $(0.37) per Common share Stockholders' equity as of March 31, 2015, was approximately $1.66 billion or $4.14 per Common... More