Annaly Capital Management Inc reports results for the quarter ended in September 30 - Earnings Summary

Reuters
24 Oct 2024

* Annaly Capital Management Inc reported quarterly adjusted earnings of 66 cents​​ per share for the quarter ended September 30, identical to the same quarter last year. The mean expectation of twelve analysts for the quarter was for earnings of 67 cents per share. Wall Street expected results to range from 62 cents to 70 cents per share.

* Revenue rose 22.8% to $1.23 billion from a year ago; analysts expected $1.14 billion.

* Annaly Capital Management Inc's reported EPS for the quarter was 5 cents​.

* The company reported quarterly net income of $24.82 million.

* Annaly Capital Management Inc shares had fallen by 2.1% this quarter and gained 1.4% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had risen by about 1.1% in the last three months.​

* In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the specialized reits peer group is also "buy"

Wall Street's median 12-month price target for Annaly Capital Management Inc is 21.50 This summary was machine generated from LSEG data October 24 at 03:16 a.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

Sep. 30 2024 0.67 0.66 Missed

Jun. 30 2024 0.65 0.68 Beat

Mar. 31 2024 0.64 0.64 Met

Dec. 31 2023 0.65 0.68 Beat

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