* Annaly Capital Management Inc reported quarterly adjusted earnings of 64 cents per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of 81 cents. The mean expectation of eleven analysts for the quarter was for earnings of 64 cents per share. Wall Street expected results to range from 60 cents to 67 cents per share.
* Revenue rose 33.8% to $1.09 billion from a year ago; analysts expected $1.02 billion.
* Annaly Capital Management Inc's reported EPS for the quarter was 85 cents.
* The company reported quarterly net income of $425.83 million.
* Annaly Capital Management Inc shares had fallen by 5.3% this quarter and lost 3.8% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 0.5% in the last three months.
* In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell."
* Wall Street's median 12-month price target for Annaly Capital Management Inc is $21.00
This summary was machine generated from LSEG data April 24 at 10:16 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Mar. 31 2024 0.64 0.64 Met
Dec. 31 2023 0.65 0.68 Beat
Sep. 30 2023 0.69 0.66 Missed
Jun. 30 2023 0.74 0.72 Missed
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