ARMOUR Residential REIT (ARR) Tops Q2 EPS by 1c

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Go back to ARMOUR Residential REIT (ARR) Tops Q2 EPS by 1c

ARMOUR Residential REIT, Inc. Reports Q2 2015 Core Income of $47.7 Million

July 29, 2015 4:06 PM EDT

VERO BEACH, Fla., July 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 June 30, 2015.

Q2 2015 Highlights and Financial Information

Q2 2015 Core Income, including drop income (as defined below), of $47.7 million, or $0.12 per Common share, which represents an 11.51% return on stockholders' equity at the beginning of the quarter and exceeds dividends paid in the quarter. Estimated taxable Real Estate Investment Trust ("REIT") income of approximately $38.4 million. Q2 2015 Generally Accepted Accounting Principles ("GAAP") net income of approximately $198.0... More