Investing.com - AGNC Invest reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
AGNC Invest announced earnings per share of $-1.31 on revenue of $-451.00. Analysts polled by Investing.com anticipated EPS of $0.60 on revenue of $354.76M.
AGNC Invest shares are down 49% from the beginning of the year, still down 54.21% from its 52 week high of $16.64 set on October 26, 2021.
AGNC Invest follows other major Financial sector earnings this month
AGNC Invest's report follows an earnings beat by JPMorgan on October 14, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on October 17 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
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