Armour Residential REIT (ARR) Q3 Earnings Lag Estimates

Armour Residential REIT (ARR) reported quarterly earnings of $0.71 per share, missing the consensus estimate of $0.73, though it beat revenue expectations at $83.74 million. The stock has underperformed the S&P 500 by 41% year-to-date and carries a Zacks Rank #3 (Hold) rating. The REIT industry ranks in the bottom 18% of Zacks industries.