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ARMOUR Residential REIT Q1 Adj $0.82 Misses $0.97 Estimate, Sales $5.30M Miss $65.82M Estimate

Author: Benzinga Newsdesk | April 25, 2024 04:55pm
ARMOUR Residential REIT (NYSE:ARR) reported quarterly earnings of $0.82 per share which missed the analyst consensus estimate of $0.97 by 15.46 percent. This is a 39.26 percent decrease over earnings of $1.35 per share from the same period last year. The company reported quarterly sales of $5.30 million which missed the analyst consensus estimate of $65.82 million by 91.95 percent. This is a 55.83 percent decrease over sales of $12.00 million the same period last year.

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