Benzinga | Jul 27, 2020 04:45PM EDT

AGNC Investment: Q2 Earnings Insights

Shares of AGNC Investment (NASDAQ:AGNC) were unchanged in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were up 18.37% over the past year to $0.58, which beat the estimate of $0.46.

Revenue of $295,000,000 rose by 139.84% from the same period last year, which missed the estimate of $298,940,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

AGNC Investment hasn't issued any revenue guidance for the time being.

Recent Stock Performance

52-week high: $19.65

52-week low: $6.25

Price action over last quarter: Up 12.80%

Company Overview

AGNC Investment Corp is a real estate investment trust that invests in agency residential mortgage-backed securities. The firm's asset portfolio is comprised of residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by a U.S. Government-sponsored enterprise, such as the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, or by a U.S. Government agency, such as the Government National Mortgage Association. It also invests in other types of mortgage and mortgage-related residential and commercial mortgage-backed securities or other investments in or related to, the housing, mortgage or real estate markets.