AGNC Investment Corp. (NASDAQ:AGNC) real estate investment trust, is reporting second quarter earnings results on Monday 27th July 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.46 per share.
For the full year, analysts predict revenues of $ 1121.47 million, while looking forward to income of $ 1.98 per share.
Previous Quarter Performance
AGNC Investment Corp. outlined income for the first quarter of $ 0.57 per share, from the revenue of $ 65.00 million. The quarterly earnings raised 9.62 percent while revenues contracted 60.37 percent compared with the same quarter last year.
Street analysts expected AGNC Investment Corp. to report income of $ 0.55 per share on revenue of $ 331.91 million for the first quarter. The bottom line results beat street analysts by $ 0.02 or 3.64 percent, at the same time, top line results fell short of analysts by $ 266.91 million or 80.42 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of AGNC Investment Corp.
Stock Performance
According to the previous trading day, closing price of AGNC was $ 13.52, representing a 116.32 % increase from the 52 week low of $ 6.25 and a 31.2 % decrease over the 52 week high of $ 19.65.
The company has a market capital of $ 7.56 billion and is part of the Real Estate sector and REIT – Residential industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”AGNC” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
AGNC Investment Corp. operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by government-sponsored enterprise or by the United States government agency.
