Annaly (NLY) Meets Q1 Earnings Estimates, Logs Negative NII
NLYAnnaly(NLY) Zacks Investment Research·2024-04-26 00:31

Annaly Capital Management, Inc. (NLY) reported first-quarter earnings available for distribution (EAD) per average share of 64 cents, meeting the Zacks Consensus Estimate. However, the figure declined from the 81 cents reported in the year-ago quarter. NLY registered a year-over-year decline in book value per share (BVPS) and the margin, while the average yield on interest-earning assets improved. Inside the Headlines Net interest income (NII) was negative $6.4 million in the reported quarter. The Zacks Con ...