Annaly Capital Management, Inc. Reports 2nd Quarter 2018 Results
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Annaly Capital Management (NLY) Tops Q2 EPS by 1c
August 1, 2018 4:55 PM EDTAnnaly Capital Management (NYSE: NLY) reported Q2 EPS of $0.30, $0.01 better than the analyst estimate of $0.29. Revenue for the quarter came in at $776.81 million versus the consensus estimate of $791.5 million.
Quarterly Financial Highlights
GAAP net income of $595.9 million, $0.49 per average common shareCore earnings (excluding PAA) were $382.8 million, $0.30 per average common shareGAAP return on average equity was 17.20% and core return on average equity (excluding PAA) was 11.05%Book value per common share of $10.35Economic leverage of 6.4x as compared to 6.5x at March 31,... More