Annaly Q2 Earnings Jump 33%
Annaly Capital Management (NYSE:NLY), a large mortgage real estate investment trust (REIT) focused on Agency mortgage-backed securities, reported its second-quarter results on July 23, 2025. The headline result was earnings available for distribution (EAD), a non-GAAP measure, of $0.73 per share. This was slightly above the analyst consensus of $0.71. Earnings available for distribution attributable to common shareholders was $452.6 million. Book value per share slipped further to $18.45 versus $19.25 a year earlier, a trend the company has not reversed.
The quarter showed continued stable performance, with moderate earnings growth and portfolio expansion offset by ongoing book value attrition and still-compressed profit margins.
Source: Annaly Capital Management. Note: Analysts' consensus estimates for the quarter provided by FactSet. EAD = Earnings available for distribution.
Source Fool.com