Annaly Capital Management Q3 Adj $0.66 Misses $0.67 Estimate, Sales $1.23B Beat $1.14B Estimate
Portfolio Pulse from Benzinga Newsdesk
Annaly Capital Management reported Q3 earnings of $0.66 per share, missing the $0.67 estimate, but sales of $1.23 billion beat the $1.14 billion estimate, marking a 22.78% increase from last year.
October 23, 2024 | 8:20 pm
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Annaly Capital Management's Q3 earnings per share missed estimates slightly, but the company reported a significant sales beat, with a 22.78% increase from last year.
The slight miss in earnings per share is offset by a strong sales performance, which could balance investor sentiment. The sales beat and significant year-over-year growth are positive indicators, but the earnings miss may cause some concern.
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