AGNC Investment Q2 2024 GAAP EPS $(0.11) Misses $0.36 Estimate
Portfolio Pulse from Benzinga Newsdesk
AGNC Investment (NASDAQ:AGNC) reported a Q2 2024 GAAP EPS of $(0.11), significantly missing the analyst consensus estimate of $0.36 by 130.56%.
July 22, 2024 | 8:03 pm
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NEGATIVE IMPACT
AGNC Investment reported a Q2 2024 GAAP EPS of $(0.11), missing the analyst consensus estimate of $0.36 by 130.56%. This significant miss is likely to negatively impact the stock price in the short term.
The significant earnings miss indicates potential underlying issues in the company's performance, which is likely to lead to a negative market reaction and a short-term decline in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100