Armour Residential REIT (ARR) Q2 Earnings and Revenues Miss Estimates

Armour Residential REIT (ARR) came out with quarterly earnings of $0.77 per share, missing the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $1.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.94%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.93 per share when it actually produced earnings of $0.86, delivering a surprise of -7.53%.Over the last ...