Arlington Asset Investment: Q2 Earnings Insights

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Arlington Asset Inv AAIC reported its Q2 earnings results on Tuesday, August 9, 2022 at 06:00 PM.

Here’s what investors need to know about the announcement.

Earnings

Arlington Asset Inv missed estimated earnings by 28.57%, reporting an EPS of $0.05 versus an estimate of $0.07.

Revenue was down $561 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 18.62% increase in the share price the next day.

Here’s a look at Arlington Asset Inv’s past performance:

 








Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.03 0.07 0.06 0.04
EPS Actual 0.05 0.02 0.06 0.07
Revenue Estimate 4.40M 3.71M 4.52M 3.21M
Revenue Actual 3.70M 3.71M 4.43M 5.09M

To track all earnings releases for Arlington Asset Inv visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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Image and article originally from www.benzinga.com. Read the original article here.