AGNC
AGNC Funding (AGNC) closed at $11.81 within the newest buying and selling session, marking a -1.67% transfer from the prior day. This variation was narrower than the S&P 500’s 11.98% loss on the day. In the meantime, the Dow misplaced 12.93%, and the Nasdaq, a tech-heavy index, misplaced 12.32%.
Heading into as we speak, shares of the actual property funding belief had misplaced 37.19% over the previous month, lagging the Finance sector’s lack of 23.55% and the S&P 500’s lack of 19.8% in that point.
Wall Avenue will probably be searching for positivity from AGNC because it approaches its subsequent earnings report date. The corporate is anticipated to report EPS of $0.56, up 7.69% from the prior-year quarter. In the meantime, our newest consensus estimate is looking for income of $348.30 million, up 112.38% from the prior-year quarter.
For the total 12 months, our Zacks Consensus Estimates are projecting earnings of $2.26 per share and income of $1.40 billion, which might symbolize modifications of +4.63% and +101.33%, respectively, from the prior 12 months.
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