Published on 25 Apr 2024 on Zacks via Yahoo Finance
Annaly (NLY) Meets Q1 Earnings Estimates, Logs Negative NII
Annaly Capital Management, Inc. NLY reported first-quarter earnings available for distribution (EAD) per average share of 64 cents, meeting the Zacks Consensus Estimate. However, the figure declined from the 81 cents reported in the year-ago quarter.
NLY registered a year-over-year decline in book value per share (BVPS) and the margin, while the average yield on interest-earning assets improved.
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