Annaly Q3 Earnings Miss Expectations, Book Value Declines Y/Y
Annaly(NLY) ZACKS·2024-10-24 23:21
Annaly Capital Management, Inc. (NLY) reported third-quarter 2024 adjusted earnings available for distribution (EAD) per average share of 66 cents, which missed the Zacks Consensus Estimate of 67 cents. The reported figure remained unchanged from the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.NLY recorded a year-over-year decline in book value per share (BVPS). Nonetheless, the company’s average yield on interest-earning assets improved in the reported quarter. ...