Earnings Outlook For AGNC Investment
Portfolio Pulse from Benzinga Insights
AGNC Investment (NASDAQ:AGNC) is expected to release its quarterly earnings report on Monday, 2024-01-22, with analysts predicting an EPS of $0.58. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, AGNC has surpassed EPS estimates, leading to varying stock price reactions. The stock is currently trading at $9.76, down 15.28% over the last year. The upcoming earnings report could influence the stock's performance, especially if the company provides strong future guidance.
January 19, 2024 | 2:01 pm
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AGNC Investment is anticipated to report an EPS of $0.58 in its upcoming earnings, with past performance showing a positive reaction to earnings beats. The stock has declined over the past year, and the guidance provided may significantly impact the stock's short-term performance.
Given AGNC's history of surpassing EPS estimates and the stock's reaction to past earnings, a beat on the expected EPS of $0.58 could lead to a short-term price increase. However, the stock's performance over the last year has been negative, indicating that investors may be bearish. The provided guidance will likely play a crucial role in determining the stock's immediate direction.
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