Apollo Residential Mortgage (AMTG) Tops Q2 EPS by 5c
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Apollo Residential Mortgage, Inc. Reports Second Quarter 2015 Financial Results
August 5, 2015 4:30 PM EDTNEW YORK--(BUSINESS WIRE)-- Apollo Residential Mortgage, Inc. (the Company) (NYSE: AMTG) today reported financial results for the quarter ended June 30, 2015.
AMTG produced strong operating earnings during the second quarter amidst a backdrop of heightened volatility throughout the global fixed income markets, said Michael Commaroto, Chief Executive Officer and President of the Company. The increase in AMTGs operating earnings per share of common stock primarily reflects the growth in the Companys credit focused investments, coupled with the improvement in yield and decline in funding costs for non-Agency RMBS. While AMTGs financial performance... More
