ARMOUR Residential REIT Reports Q3 Earnings Per Share in Line with Expectations
ARMOUR Residential REIT (ARR) has released its third-quarter financial results, reporting earnings per share (EPS) of $0.71, which aligned with market expectations. Despite meeting EPS targets, the company reported a significant GAAP net loss of $327 million, or $2.26 per common share. The REIT reported a book value of $14.55 per common share and declared a common stock dividend of $0.24 per share. The results reflect the ongoing volatility in mortgage-backed securities markets affecting residential real estate investment trusts.
Tickers: $ARR
Topics: book value dividends earnings
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