Annaly (NLY) Q2 Earnings Surpass Estimates, Stock Dips 2.1%
NLYAnnaly(NLY) ZACKS·2024-07-26 00:45

Annaly Capital Management, Inc. (NLY) reported second-quarter earnings available for distribution (EAD) per average share of 68 cents, surpassing the Zacks Consensus Estimate of 66 cents. However, the figure declined from the 72 cents reported in the year-ago quarter.Shares of Annaly have lost 2.1% since the release of its second-quarter 2024 results. NLY’s average yield on interest-earning assets improved in the reported quarter. However, the company recorded a year-over-year decline in book value per shar ...