Recap: MFA Finl Q1 Earnings

MFA Finl (NYSE:MFA) reported its Q1 earnings results on Thursday, May 4, 2023 at 08:30 AM. Here’s what…

MFA Finl (NYSE:MFA) reported its Q1 earnings results on Thursday, May 4, 2023 at 08:30 AM.

Here’s what investors need to know about the announcement.

Earnings

MFA Finl missed estimated earnings by 9.09%, reporting an EPS of $0.3 versus an estimate of $0.33.

Revenue was down $23.68 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.23 which was followed by a 0.91% drop in the share price the next day.

Here’s a look at MFA Finl’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.25 -0.82 -0.01 0.38
EPS Actual 0.48 -0.62 0.46 0.62
Revenue Estimate 48.25M 53.40M 54.95M 57.20M
Revenue Actual 55.65M 52.29M 52.58M 63.05M

Listen to the earnings announcement yourself by clicking here.

To track all earnings releases for MFA Finl visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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