ARMOUR Residential REIT (NYSE: ARR) is a real estate investment trust, or REIT. The company invests in residential mortgage-backed securities that are issued or guaranteed by a United States Government-sponsored entity. ARMOUR Residential REIT's main goal is to generate income for its shareholders from the interest earned on these investments.
On April 22, 2026, ARMOUR Residential REIT reported its quarterly earnings. The company announced an earnings per share (EPS) of $0.76, which surpassed the analyst estimate of $0.73. This EPS figure, however, is down from the $0.86 per share that was reported in the same quarter one year ago, as highlighted by Zacks.
The company posted revenues of over $70.70 million for the quarter, which is also its net interest income. This figure beat the consensus estimate by almost 31% and represents a large increase from the approximately $36.30 million in revenue from the year-ago quarter. This is the second time ARMOUR Residential REIT has topped revenue estimates in the last four quarters.
According to its official announcement highlighted by GlobeNewswire, ARMOUR Residential REIT had a net loss of $58.00 million, or $0.49 per share, based on standard accounting rules. The company also reported Distributable Earnings of $90.50 million. This non-standard financial measure is what results in the $0.76 per share earnings figure that beat estimates.
During the quarter, ARMOUR Residential REIT also raised $215.30 million in capital by issuing around 11.8 million shares of its common stock. Based on its performance over the last year, the company has a price-to-earnings (P/E) ratio of 8.73. This ratio compares the company's stock price to its earnings.
