Dynex Capital, Inc. (NYSE:DX) 2Q20 Earnings Preview

Dynex Capital, Inc. (NYSE:DX) is set to announce second quarter earning results on Wednesday 29th July 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, DX to report 2Q20 income of $ 0.23 per share.

For the full year, analysts anticipate top line of $ 63.29 million, while looking forward to income of $ 1.36 per share bottom line.

Previous Quarter Performance

Dynex Capital, Inc. came out with income for the first quarter of $ 0.51 per share, from the revenue of $ 17.72 million. The quarterly earnings lowered 5.56 percent while revenues improved 29.53 percent compared with the same quarter last year.
Street analysts expected Dynex Capital, Inc. to report income of $ 0.53 per share on revenue of $ 17.69 million for the first quarter. The bottom line results missed street analysts by $ 0.02 or 3.77 percent, at the same time, top line results outshined analysts by $ 0.03 million or 0.17 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Dynex Capital, Inc.

Stock Performance

According to the previous trading day, closing price of DX was $ 15.27, representing a 116.90 % increase from the 52 week low of $ 7.04 and a 24.93 % decrease over the 52 week high of $ 20.34.

The company has a market capital of $ 350.94 million and is part of the Real Estate sector and REIT – Diversified industry.

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Conference Call

Dynex Capital, Inc. will be hosting a conference call at 10:00 AM eastern time on 29th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.dynexcapital.com

Dynex Capital, Inc., a mortgage real estate investment trust, invests in mortgage-backed securities (MBS) on a leveraged basis in the United States. It invests in agency and non-agency MBS consisting of residential MBS, commercial MBS (CMBS), and CMBS interest-only securities. Agency MBS have a guaranty of principal payment by an agency of the U.S.

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