earnings
confidence high
sentiment negative
materiality 0.75
ARMOUR Residential REIT posts Q2 GAAP net loss of $78.6M; book value down to $16.90
Armour Residential REIT, Inc.
2025-Q2 EPS reported
-$0.68
- GAAP net loss of $78.6M ($0.94 per share); distributable earnings (non-GAAP) of $64.9M ($0.77 per share).
- Book value per share fell to $16.90 from $18.59 at March 31, 2025; total economic return -5.22% for Q2.
- Net interest income $33.1M; paid common dividends of $0.72 per share (unchanged).
- Raised $104.6M via ATM issuance of 6.3M shares in Q2; additional $59M raised through July 16, 2025.
- Leverage at 7.72:1 debt/equity; implied leverage 8.29:1 including TBA securities.
item 2.02item 9.01