MFA Financial Reports Q3 Non-GAAP EPS of $0.26, Missing Estimates
MFA Financial reported third-quarter non-GAAP earnings per share (EPS) of $0.26, falling short of market expectations by $0.04. The company's distributable earnings for the period totaled $26.4 million, which equates to $0.26 per basic common share. When excluding realized credit losses, the company's distributable earnings were higher at $45.3 million, or $0.44 per share. This distinction highlights the impact of credit-related losses on the firm's bottom-line performance during the quarter.
Tickers: $MFA