AGNC Investment Corp. Announces Third Quarter 2019 Financial Results
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AGNC Investment Corp (AGNC) Tops Q3 EPS by 10c
October 30, 2019 4:02 PM EDTAGNC Investment Corp (NASDAQ: AGNC) reported Q3 EPS of $0.59, $0.10 better than the analyst estimate of $0.49.
"In the third quarter, financial market volatility increased in response to weakening global economic indicators and escalating U.S. - China trade tensions. The Federal Reserve (the \"Fed\"), in turn and consistent with recent messaging, lowered the federal funds target rate 25 basis points at each of its July, September, and October meetings," said Gary Kain, the Company's Chief Executive Officer and Chief Investment Officer. \"In addition, following a dislocation in government repo markets, the Fed added substantial liquidity... More
