AGNC Investment: Q3 Earnings Insights

Shares of AGNC Investment AGNC increased 0.7% after the company reported Q3 results.

Quarterly Results

Earnings per share were up 37.29% year over year to $0.81, which beat the estimate of $0.56.

Revenue of $302,000,000 up by 153.78% from the same period last year, which missed the estimate of $366,270,000.

Outlook

AGNC Investment hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Price Action

52-week high: $19.65

52-week low: $6.25

Price action over last quarter: Up 3.87%

Company Profile

AGNC Investment Corp is a real estate investment trust that invests in agency residential mortgage-backed securities. The firm's asset portfolio is comprised of residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by a U.S. Government-sponsored enterprise, such as the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, or by a U.S. Government agency, such as the Government National Mortgage Association. It also invests in other types of mortgage and mortgage-related residential and commercial mortgage-backed securities or other investments in or related to, the housing, mortgage or real estate markets.