AGNC Investment Sees Preliminary Q3 Tangible Net Book Value ~$8.08/Share; Total Comprehensive Loss $(1.02)/Share; Net Spread And Dollar Roll Income $0.65/Share, Excluding $0.05/Share Of "Catch-Up" Premium Amortization Benefit
Portfolio Pulse from Benzinga Newsdesk
AGNC Investment has released its preliminary Q3 results, indicating a tangible net book value of approximately $8.08 per share. The company also reported a total comprehensive loss of $(1.02) per share and net spread and dollar roll income of $0.65 per share, excluding a $0.05 per share 'catch-up' premium amortization benefit.
October 23, 2023 | 8:47 pm
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AGNC Investment's Q3 results show a tangible net book value of $8.08 per share and a total comprehensive loss of $(1.02) per share. The company's net spread and dollar roll income was $0.65 per share, excluding a $0.05 per share 'catch-up' premium amortization benefit.
The reported comprehensive loss could negatively impact investor sentiment, potentially leading to a short-term decrease in AGNC's stock price. However, the net spread and dollar roll income could offset some of this negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100