ARMOUR Residential REIT (ARR) Reports Q3 Core EPS of $0.68
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ARMOUR Residential REIT, Inc. Reports Financial Results for the Quarter Ended September 30, 2016
November 2, 2016 4:15 PM EDTVERO BEACH, Florida, Nov. 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 September 30, 2016.
Q3 2016 Highlights and Financial Information
Q3 2016 key results: $118.7 million ($3.13 per Common share) net income under Generally Accepted Accounting Principles (GAAP)$28.9 million ($0.68 per Common share) Core Income including drop income (as defined below), which represents an annualized return of 10.2% based on stockholders equity at the beginning of the quarter8.57% increase in book value per common share$0.66 per... More