ARMOUR Residential REIT (ARR) Tops Q1 EPS by 2c

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ARMOUR Residential REIT, Inc. Reports Financial Results for the Quarter Ended March 31, 2018

April 25, 2018 4:15 PM EDT

GAAP Income of $44.7 Million, or $0.96 Per Common ShareCore Income of $32.0 Million, or $0.66 Per Common Share

VERO BEACH, Florida, April 25, 2018 (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, 2018.

Q1 2018 Highlights and Financial Information

$44.7 million ($0.96 per Common share) net income under Generally Accepted Accounting Principles (GAAP) based on 42,330,652 weighted average diluted Common shares outstanding$32.0 million ($0.66 per Common share) Core Income including Drop Income (as defined... More