earnings
confidence high
sentiment neutral
materiality 0.65
ARMOUR Q2 earnings $40M ($0.20/shr); distributable earnings $0.23/shr; book value $5.38
Armour Residential REIT, Inc.
2023-Q2 EPS reported
$0.03
- Earnings available to common stockholders $40.0M ($0.20/shr); net interest income $5.8M.
- Distributable earnings (non-GAAP) $45.4M ($0.23/shr); net interest margin 1.75%.
- Book value per common share $5.38, down from $5.44 at Q1; debt/equity 7.1x.
- Raised $77.5M via ATM at ~$5.08/shr; repurchased 425K shares at $4.88.
- Maintained $0.08/month dividend; new ATM facility for up to 75M shares approved.