AGNC Investment (AGNC) Dips More Than Broader Markets: What You Should Know

AGNC Investment (AGNC) Dips More Than Broader Markets: What You Should Know
This story originally appeared on Zacks

AGNC Investment (AGNC) closed at $14.76 in the latest trading session, marking a -1.53% move from the prior day. This change lagged the S&P 500’s daily loss of 1.14%. Elsewhere, the Dow lost 1.23%, while the tech-heavy Nasdaq lost 0.36%.

AGNC Investment (AGNC) Dips More Than Broader Markets: What You Should Know – Zacks

Heading into today, shares of the real estate investment trust had lost 6.2% over the past month, lagging the Finance sector’s loss of 2.94% and the S&P 500’s loss of 1.37% in that time.

Wall Street will be looking for positivity from AGNC Investment as it approaches its next earnings report date. The company is expected to report EPS of $0.67, down 10.67% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $418 million, down 8.93% from the prior-year quarter.

AGNC’s full-year Zacks Consensus Estimates are calling for earnings of…

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