ARMOUR Residential REIT (ARR) Tops Q4 EPS by 1c

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Go back to ARMOUR Residential REIT (ARR) Tops Q4 EPS by 1c

ARMOUR Residential REIT, Inc. Reports Financial Results for the Quarter Ended December 31, 2019

February 19, 2020 4:15 PM EST

VERO BEACH, Florida, Feb. 19, 2020 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR-PBCL and ARR-PRC) (ARMOUR or the Company) today announced financial results for the quarter ended December 31, 2019.

Q4 2019 Highlights and Financial Information

$58.5 million ($0.93 per Common share) total comprehensive income, based on 59,149,422 weighted average diluted Common shares outstanding, comprised of: $108.7 million ($1.78 per Common share) net income under Generally Accepted Accounting Principles (GAAP) $(50.2) million ($(0.85) per Common share mark-to-market) loss on available for sale Agency Securities recognized through other comprehensive income (loss) ("OCI")$36.5 million ($0.55 per Common share) Core Income including Drop Income (as... More