Annaly Capital Management Inc (NYSE:NLY) is reporting second quarter earnings results on Wednesday 29th July 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.22 per share.
For the full year, analysts predict revenues of $ 2455.39 million, while looking forward to income of $ 0.90 per share.
Previous Quarter Performance
Annaly Capital Management Inc recorded income for the first quarter of $ 0.21 per share, from the revenue of $ 555.03 million. The quarterly earnings down 27.59 percent while revenues down 41.58 percent compared with the same quarter last year.
According to street consensus, NLY was expected to report 1Q20 income of $ 0.22 per share from revenue of $ 975.28 million. The bottom line results missed street analysts by $ 0.01 or 4.55 percent, at the same time, top line results fell short of analysts by $ 420.25 million or 43.09 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Annaly Capital Management Inc
Stock Performance
According to the previous trading day, closing price of NLY was $ 7.30, representing a 107.98 % increase from the 52 week low of $ 3.51 and a 30.48 % decrease over the 52 week high of $ 10.50.
The company has a market capital of $ 10.44 billion and is part of the Real Estate sector and REIT – Diversified industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”NLY” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Annaly Capital Management, Inc., a diversified capital manager, invests in and finances residential and commercial assets. The company invests in various types of agency mortgage-backed securities, non-agency residential mortgage assets, and residential mortgage loans; and originates and invests in commercial mortgage loans, securities, and other commercial real estate investments. It also provides financing to private equity-backed middle market businesses; and operates as a broker-dealer.
