AGNC Investment: 3Q Earnings Snapshot
BETHESDA, Md. (AP) _ AGNC Investment Corp. (AGNC) on Wednesday reported a third-quarter loss of $4 million, after reporting a profit in the same period a year earlier.
The Bethesda, Maryland-based company said it had a loss of 3 cents per share. Earnings, adjusted for non-recurring costs, came to 59 cents per share.
The real estate investment trust posted revenue of $119 million in the period.
AGNC Investment shares have dropped 6% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $16.48, a decrease of almost 8% in the last 12 months.