MFA Financial, Inc. Announces Third Quarter 2019 Financial Results

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MFA Financial (MFA) Tops Q3 EPS by 1c

November 6, 2019 8:32 AM EST

MFA Financial (NYSE: MFA) reported Q3 EPS of $0.20, $0.01 better than the analyst estimate of $0.19.

MFA generated third quarter GAAP net income of $91.8 million, or $0.20 per common share. Core earnings, a non-GAAP financial measure of MFA\'s operating performance that is calculated by adjusting GAAP net income to exclude the impact of unrealized gains and losses on certain investments in residential mortgage securities and related hedges, was also $0.20 per common share.GAAP book value per common share during the quarter continued to be stable and was $7.09 at September 30,... More