earnings
confidence high
sentiment negative
materiality 0.80
Dynex Capital Q3 total economic loss of $(2.17)/share; book value falls to $14.23
DYNEX CAPITAL INC
2022-Q3 EPS reported
$2.31
- Total economic loss of $(2.17)/common share, or (12.9)% of beginning book value.
- Book value per common share declined $(2.56) to $14.23; dividends declared $0.39/share.
- Net loss of $(1.07)/share; comprehensive loss of $(2.20)/share.
- EAD (non-GAAP) was $0.24/share, down $0.16 from Q2, including $0.06 CFO severance.
- Net interest spread 0.23%; adjusted net interest spread 1.12%; realized hedge gains $149.6M.