Benzinga | Nov 8, 2021 09:57AM EST

Earnings Preview: Arlington Asset

Arlington Asset (NYSE:AAIC) is set to give its latest quarterly earnings report on Tuesday, 2021-11-09. Here's what investors need to know before the announcement.

Analysts estimate that Arlington Asset will likely report an Earnings Per Share (EPS) of $0.06

Arlington Asset bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat on EPS by 75.00%, which was followed by a 0.79% drop in the share price the next day.

Here's a look at Arlington Asset's past performance and the resulting price change:

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.04 0.06 0.04 0.03EPS Actual 0.07 0.03 0.12 0.03Price Change % -0.79% 0.74% -1.72% 4.12%

Stock Performance

Shares of Arlington Asset were trading at $3.83 as of November 04. Over the last 52-week period, shares are up 31.62%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.