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Armour Residential REIT: 3Q Earnings Snapshot

VERO BEACH, Fla. (AP) _ Armour Residential REIT Inc. (ARR) on Wednesday reported a third-quarter loss of $61 million, after reporting a profit in the same period a year earlier.

The Vero Beach, Florida-based company said it had a loss of $1.09 per share. Earnings, adjusted for non-recurring costs, were 55 cents per share.

The real estate investment trust posted revenue of $29.7 million in the period. Its adjusted revenue was -$50.6 million.

Armour Residential REIT shares have fallen 16% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $17.14, a fall of 16% in the last 12 months.


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