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Annaly Capital Management Inc. (NLY) revealed earnings for fourth quarter that decreased from the same period last year.


RTTNews | Feb 10, 2021 04:31PM EST

16:31 Wednesday, February 10, 2021 (RTTNews.com) - Annaly Capital Management Inc. (NLY) revealed earnings for fourth quarter that decreased from the same period last year.

The company's bottom line came in at $0.84 billion, or $0.60 per share. This compares with $1.17 billion, or $0.82 per share, in last year's fourth quarter.

Excluding items, Annaly Capital Management Inc. reported adjusted earnings of $423.54 million or $0.30 per share for the period.

Analysts had expected the company to earn $0.29 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Annaly Capital Management Inc. earnings at a glance:

-Earnings (Q4): $423.54 Mln. vs. $373.65 Mln. last year.-EPS (Q4): $0.30 vs. $0.26 last year.-Analysts Estimate: $0.29

Read the original article on RTTNews ( https://www.rttnews.com/3168757/annaly-capital-management-inc-q4-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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