NLY reports Q2 earnings available for distribution of $0.79 per share, surpassing analyst expectations amid mixed book value performance.
Annaly Capital Management (NLY) posted Q2 earnings available for distribution (EAD) of $0.79 per share, exceeding the average analyst estimate. The result highlights improved profitability despite missing book value growth targets.
Wall Street consensus had anticipated lower EAD figures, while book value growth fell short of prior estimates. The company’s economic return showed signs of recovery compared to previous quarters.
NLY shares rose 0.7% in after-hours trading following the earnings release.