Anworth: 3Q Earnings Snapshot

Anworth: 3Q Earnings Snapshot

Associated Press
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SANTA MONICA, Calif. (AP) _ Anworth Mortgage Asset Corp. (ANH) on Friday reported third-quarter net income of $17.4 million.

The Santa Monica, California-based company said it had profit of 15 cents per share. Earnings, adjusted for non-recurring gains, came to 12 cents per share.

The real estate investment trust that buys mortgage debt posted revenue of $50.7 million in the period. Its adjusted revenue was $20.6 million.

In the final minutes of trading on Friday, the company's shares hit $4.38. A year ago, they were trading at $5.56.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ANH at https://www.zacks.com/ap/ANH

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