Credit Suisse Maintains Neutral on ARMOUR Residential REIT, Lowers Price Target to $7.5
Credit Suisse analyst Douglas Harter maintains ARMOUR Residential REIT (NYSE:ARR) with a Neutral and lowers the price target from $8.5 to $7.5.
Stocks That Hit 52-Week Lows On Wednesday
Wednesday's session saw 784 companies set new 52-week lows.
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During Tuesday's trading, 505 companies set new 52-week lows.
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On Thursday, 147 companies achieved new lows for the year.
ARMOUR Residential REIT Earnings Perspective: Return On Capital Employed
ARMOUR Residential REIT (NYSE:ARR) brought in sales totaling $20.50 million during Q4 according to data provided by Benzinga Pro. However, earnings decreased 161.13%, resulting in a loss of $20.77 million.
Earnings Scheduled For February 16, 2022
Companies Reporting Before The Bell
• Wix.com (NASDAQ:WIX) is projected to report quarterly loss at $0.38 per share on revenue of $331.16 million.
ARMOUR Residential REIT’s Return On Capital Employed Overview
According to Benzinga Pro, during Q3, ARMOUR Residential REIT (NYSE:ARR) earned $13.12 million, a 36.89% increase from the preceding quarter. ARMOUR Residential REIT also posted a total of $20.42 million in sales, a 22.28% increase since Q2.
Earnings Scheduled For November 8, 2021
Companies Reporting Before The Bell
• Privia Health Group (NASDAQ:PRVA) is projected to report quarterly loss at $0.11 per share on revenue of $215.14 million.
ARMOUR Residential REIT Q3 EPS $0.25, Inline
ARMOUR Residential REIT (NYSE:ARR) reported quarterly earnings of $0.25 per share which met the analyst consensus estimate. This is a 28.57 percent decrease over earnings of $0.35 per share from the same period last