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Earnings Outlook for Annaly Capital Management

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Benzinga Insights
·2 min read
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On Wednesday, February 10, Annaly Capital Management (NYSE:NLY) will release its latest earnings report. Decipher the announcement with Benzinga's help.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Analysts expect Annaly Capital Management earnings of $0.29 per share. Revenue will likely be around $551.32 million, according to the consensus estimate. Annaly Capital Management reported a per-share profit of $0.26 when it published results during the same quarter last year. Sales in that period totaled $1.07 billion.

Why Analyst Estimates And Earnings Surprises Are Important

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

View more earnings on NLY

If the company were to post earnings in line with the consensus estimate when it reports Wednesday, EPS would be up 11.54%. Revenue would be down 48.67% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

EPS Estimate

0.26

0.22

0.23

0.24

EPS Actual

0.32

0.27

0.21

0.26

Revenue Estimate

604.40 M

638.85 M

997.88 M

1.03 B

Revenue Actual

562.44 M

584.81 M

555.03 M

1.07 B

Stock Performance

Shares of Annaly Capital Management were trading at $8.615 as of February 08. Over the last 52-week period, shares are down 15.27%. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Annaly Capital Management is scheduled to hold the call at 09:00:00 ET and can be accessed here.

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