ARMOUR Residential REIT (ARR) Misses Q2 EPS by 8c
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ARMOUR Residential REIT, Inc. Reports Financial Results for the Quarter Ended June 30, 2016
August 2, 2016 4:30 PM EDTVERO BEACH, Florida, Aug. 02, 2016 (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, 2016.
Q2 2016 Highlights and Financial Information
Q2 2016 key results: $21.2 million ($0.47 per Common share) net income under Generally Accepted Accounting Principles (GAAP)$27.1 million ($0.63 per Common share) Core Income including drop income (as defined below), which represents an annualized return of 9.9% based on stockholders equity at the beginning of the quarter4.86% increase in book value per common... More