Dynex Capital, Inc. Reports First Quarter 2020 Results

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Dynex Capital (DX) Misses Q1 EPS by 2c

May 6, 2020 7:57 AM EDT

Dynex Capital (NYSE: DX) reported Q1 EPS of $0.51, $0.02 worse than the analyst estimate of $0.53.

Summary of First Quarter 2020 Results

Comprehensive loss of $(1.45) per common share comprised of:$(4.63) net loss per common share$3.18 other comprehensive income per common share on available-for-sale securitiesCore net operating income, a non-GAAP measure, of $0.51 per common shareQuarterly negative economic return to common shareholders of (8.3)% based on dividends declared of $0.45 per common share less the decline in book value per common share of $(1.94) to $16.07 at March 31, 2020Net interest spread and adjusted net... More