Published on 22 Apr 2024 on Zacks via Yahoo Finance
What's in the Cards for Annaly (NLY) This Earnings Season?
Annaly Capital Management Inc. NLY is scheduled to report first-quarter 2024 results on Apr 24, after market close. The company’s results are expected to reflect a decline in earnings from the year-ago reported figure. However, net interest income (NII) is expected to have increased.
In the last reported quarter, the mortgage real estate investment trust (mREIT) posted earnings available for distribution per share of 68 cents, which surpassed the Zacks Consensus Estimate of 64 cents. Annaly registered year-over-year declines in book value per share , while the average yield on interest-earning assets improved.