Connect with us

Financial

Earnings Results to Track: Annaly Capital Management Inc. (NYSE: NLY)

Judith Hale

Published

on

On Friday, Shares of Annaly Capital Management Inc. (NYSE: NLY) showed the bullish trend with a higher momentum of 0.10% and ended its trading session at $10.44. The company traded total volume of 8,004,916 shares as contrast to its average volume of 7.75M shares. The company has a market value of $12.11B and about 1.16B shares outstanding.

Annaly Capital Management Inc. (NLY) stated first-quarter profit of $1.330B. On a per-share basis, the New York-based company said it had net income of $1.12. Earnings, adjusted for non-recurring gains, were 30 cents per share. The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 30 cents per share.

The real estate investment trust posted revenue of $879.50M in the period. Its adjusted revenue was $512.10M.

The Company offered net profit margin of 60.30% while its gross profit margin was 69.60%. ROE was recorded as 19.00% while beta factor was 0.14. The stock, as of recent close, has shown the weekly upbeat performance of 0.29% which was maintained at -12.20% in this year.

For more news and updates, follow IRN Post on Facebook, Twitter, and Google+

I am Judith Hale and I have over 16 years experience in the financial services industry giving me a vast understanding of how news affects the financial markets. Email: judith.hale@irnpost.com

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending