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AGNC Investment: Q3 Earnings Snapshot
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BETHESDA, Md. (AP) — BETHESDA, Md. (AP) — AGNC Investment Corp. (AGNC) on Monday reported a third-quarter loss of $1.36 billion, after reporting a profit in the same period a year earlier.

On a per-share basis, the Bethesda, Maryland-based company said it had a loss of $1.17. Earnings, adjusted for non-recurring costs, were 37 cents per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share.

The real estate investment trust posted revenue of $1.2 billion in the period. Its adjusted revenue was $402 million.

AGNC Investment shares have decreased 21% since the beginning of the year. In the final minutes of trading on Monday, shares hit $8.44, a drop of 16% in the last 12 months.

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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 AGNC at https://www.zacks.com/ap/AGNC

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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