Annaly Capital's (NLY) Q2 Earnings In Line, NII Goes Up
Zacks Investment Research | Aug 03, 2017 12:33AM ET
Annaly Capital Management, Inc. (NYSE:NLY) – a mortgage real estate investment trust (mREIT) – reported second-quarter 2017 adjusted core earnings of 30 cents per share, in line with the Zacks Consensus Estimate. Earnings, however, compared favorably with the prior-year quarter figure of 29 cents.
Results highlight an increase in the to-be-announced dollar roll income.
Net interest income (NII) in the quarter totaled $315.1 million, reflecting year-over-year growth of 3.5%.
Annaly Capital Management Inc Price, Consensus and EPS Surprise
Q2 Earnings Schedule of Other REITs
We now look forward to the earnings releases of other REIT’s like Western Asset Mortgage Capital Corporation (NYSE:WMC) , Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) and NorthStar Asset Management Group, Inc. (NYSE:CLNS) . All of these companies are scheduled to announce quarterly results on Aug 8.
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