Annaly Capital Management (NLY) Tops Q1 EPS by 3c

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Annaly Capital Management, Inc. Reports 1st Quarter 2021 Results

April 28, 2021 4:15 PM EDT

NEW YORK--(BUSINESS WIRE)-- Annaly Capital Management, Inc. (NYSE: NLY) ("Annaly" or the "Company") today announced its financial results for the quarter ended March 31, 2021.

Financial Highlights

GAAP net income of $1.23 per average common share for the quarter, up from $0.60 in the prior quarter Core earnings (excluding PAA) of $0.29 per average common share for the quarter, down $0.01 quarter-over-quarter and up $0.08 year-over-year with dividend coverage of +130% Economic return and tangible economic return(1) of 2.8% and 3.6%, respectively, for the first... More