NYSE$ARR

ARMOUR Residential REIT Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

ARMOUR Residential REIT announced Q3 2024 results and September 30, 2024 financial position.

ARMOUR Residential REIT reported a GAAP net income available to common stockholders of $62.9 million, or $1.21 per common share, and distributable earnings available to common stockholders of $52.0 million, or $1.00 per common share, for Q3 2024.

  • GAAP net income available to common stockholders was $62.9 million, or $1.21 per common share.
  • Distributable Earnings available to common stockholders was $52.0 million, or $1.00 per common share.
  • Liquidity, including cash and unencumbered agency and U.S. government securities, totaled $667.4 million.
  • Agency mortgage-backed securities portfolio totaled $12.4 billion.

Headline financials

Total Revenue

$1.84M

Previous: $3.6M-48.8%
EPS

$1.21

Previous: $1.08+12.0%
Capital Expenditures

$0.00

Previous: $0.00
Free Cash Flow

$65.9M

Previous: -$179M+136.8%
Net Income

$65.9M

Previous: -$179M+136.8%
Operating Income

-$11.3M

Previous: -$10.9M-4.1%
Gross Profit

$1.84M

Previous: $3.6M-48.8%
Cash & Equivalents

$63.9M

Previous: $133M-52.2%
Total Assets

$13.4B

Previous: $13.9B-3.7%
Stock-Based Comp

$761K

Previous: $828K-8.1%

Revenue & EPS history

ARMOUR Residential REIT · Revenue · Quarterly

$1.84M

Q3 2024-48.8%vs Q3 2023
Beat estimate in 2 of 14 quarters(14%)
ActualEstimate

Forward guidance

ARMOUR's Board of Directors will determine future common dividend rates based on an evaluation of the Company’s results, financial position, real estate investment trust (“REIT”) tax requirements, and overall market conditions as the quarter progresses.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

-0.3%

Avg return

Earnings day

+0.1%

Avg return

5 days after

-2.6%

Avg return

30 days after

48%

31 / 64 earnings

Positive

+9.1%

Q2 2022

Best reaction

-12.1%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.3%+0.3%-5.7%
Q4 2025-0.2%+2.8%-12.4%
Q3 2025+1.1%+3.3%+5.3%
Q1 2025-0.4%+3.8%-1.0%
Q4 2024+1.6%+0.2%-0.6%
Q3 2024-0.4%-3.0%-5.1%
Q2 2024-5.5%-3.7%-5.9%
Q1 2024-1.1%-3.0%+1.3%
Q4 2023+4.8%+3.9%+2.0%
Q3 2023-7.0%-9.0%+14.4%
Q2 2023+0.2%-1.4%-6.2%
Q1 2023+1.2%-0.4%-5.0%
Q4 2022-1.0%-1.0%-19.4%
Q3 2022+5.4%+7.3%+18.8%
Q2 2022+9.1%+10.8%+2.4%
Q1 2022+3.9%+2.8%+5.0%
Q4 2021-2.1%-0.1%-3.9%
Q3 2021-0.9%+0.9%-6.5%
Q2 2021-6.6%-5.0%-4.4%
Q1 2021-0.3%+0.5%-1.7%
Q4 2020-4.4%-1.2%-0.6%
Q3 2020+3.5%+3.5%+11.6%
Q2 2020-2.4%-4.6%-1.6%
Q1 2020-12.1%-11.9%-14.7%
Q4 2019+4.0%+0.4%-61.6%
Q3 2019-1.4%-2.6%-0.5%
Q2 2019-3.4%-3.8%-10.1%
Q1 2019-3.9%-3.9%-9.4%
Q4 2018-1.3%-1.7%-8.0%
Q3 2018+4.6%+5.9%+7.5%
Q2 2018+2.4%+3.3%+2.9%
Q1 2018-0.4%-0.3%+1.2%
Q4 2017+0.6%+1.4%-0.7%
Q3 2017-5.1%-5.6%-5.0%
Q2 2017+0.9%+1.0%+6.4%
Q1 2017+3.8%+5.3%+8.0%
Q4 2016+1.9%+0.5%+2.5%
Q3 2016+0.1%+1.8%-4.2%
Q2 2016+3.3%+5.1%+1.7%
Q1 2016-5.8%
Q4 2015+2.6%
Q3 2015+1.7%
Q2 2015+6.4%
Q1 2015-2.9%
Q4 2014+1.9%
Q3 2014-2.5%
Q2 2014-0.9%
Q1 2014-0.9%
Q4 2013+1.2%
Q3 2013-7.0%
Q2 2013-4.6%
Q1 2013-0.8%
Q4 2012+0.9%
Q3 2012-0.8%
Q2 2012+2.3%
Q4 2011+0.5%
Q1 2011+0.6%
Q1 2012+1.2%
Q3 2011-1.2%
Q4 2010-2.7%
Q2 2011-2.7%
Q3 2010+0.1%
Q2 2010+0.3%
Q1 2010+3.0%

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