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Anworth: 4Q Earnings Snapshot

February 23, 2021 GMT

SANTA MONICA, Calif. (AP) _ Anworth Mortgage Asset Corp. (ANH) on Tuesday reported fourth-quarter profit of $23.4 million.

The Santa Monica, California-based company said it had profit of 21 cents per share. Earnings, adjusted for non-recurring gains, were 5 cents per share.

The real estate investment trust that buys mortgage debt posted revenue of $33.4 million in the period. Its adjusted revenue was $28.1 million.

For the year, the company reported that its loss widened to $103.7 million, or $1.14 per share. Revenue was reported as -$89.5 million.

In the final minutes of trading on Tuesday, the company’s shares hit $2.77. A year ago, they were trading at $3.71.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ANH at https://www.zacks.com/ap/ANH