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 and are trading at $7.62 , down-from-52-week-high.
AGNC Invest follows other major Financial sector earnings this month
AGNC Invest's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, 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 Monday, October 17, 2022 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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