The earnings call presented a mixed picture. While ARMOUR has managed to maintain strong liquidity and stable dividends, significant challenges persist, including a substantial net loss and volatility in spreads. However, the company remains optimistic about potential improvements in banking demand and regulatory clarity. Overall, the sentiment is balanced with both positive and negative aspects.

Company Guidance -

Q3 2025

During the ARMOUR Residential REIT's Second Quarter 2025 Earnings Conference Call, the company reported a GAAP net loss of $78.6 million, or $0.94 per common share, with net interest income of $33.1 million. Distributable earnings available to common stockholders were $64.9 million, or $0.77 per common share. A portion of management fees totaling $1.65 million was waived by ARMOUR Capital Management to offset operating expenses. During the quarter, ARMOUR raised approximately $104.6 million through an at-the-market offering, issuing 6.3 million shares of common stock, with an additional $58.8 million raised post-June 30 by issuing 3.5 million shares. The company paid monthly dividends totaling $0.72 per common share for the quarter and declared additional dividends for July and August. The quarter-ending book value was $16.90 per share, with an estimated book value of $16.81 as of July 21. ARMOUR's portfolio strategy remains focused on agency MBS, with ROEs in the 18% to 20% range, and a hedge book balanced with treasury shorts and swaps. The company remains optimistic about improving demand for MBS later in the year, supported by potential regulatory changes and Fed policy shifts.

Capital Raised Through ATM Offering

ARMOUR raised approximately $104.6 million of capital by issuing approximately 6.3 million shares of common stock through an at-the-market offering program. Since June 30, an additional $58.8 million was raised by issuing approximately 3.5 million shares.

Strong Liquidity Position

ARMOUR's total liquidity is strong at approximately 52% of the total capital as of July 21.

Dividend Stability

ARMOUR paid monthly common stock dividends per share of $0.24 per common share per month for a total of $0.72 for the quarter, indicating a stable return for shareholders.

Agency MBS Portfolio Performance

The MBS portfolio remains concentrated in production MBS with return on equities (ROEs) in the 18% to 20% range, indicating strong performance.

ARMOUR Residential REIT (ARR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ARR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	0.79 / -	1	―	―	―
Jul 23, 2025	2025 (Q2)	0.81 / 0.77	1.08	-28.70% (-0.31)	―
Apr 23, 2025	2025 (Q1)	0.91 / 0.86	0.82	4.88% (+0.04)	―
Feb 12, 2025	2024 (Q4)	0.97 / 0.78	1.07	-27.10% (-0.29)	―
Oct 23, 2024	2024 (Q3)	0.98 / 1.00	1.08	-7.41% (-0.08)	―
Jul 24, 2024	2024 (Q2)	0.96 / 1.08	1.15	-6.09% (-0.07)	―
Apr 25, 2024	2024 (Q1)	0.99 / 0.82	1.35	-39.26% (-0.53)	―
Feb 14, 2024	2023 (Q4)	1.02 / 1.07	1.35	-20.74% (-0.28)	―	―
Oct 25, 2023	2023 (Q3)	1.15 / 1.08	1.6	-32.50% (-0.52)	―
Jul 26, 2023	2023 (Q2)	1.22 / 1.15	1.45	-20.69% (-0.30)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ARR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 23, 2025	$16.89	$16.69	-1.18%
Apr 23, 2025	$14.25	$14.65	+2.81%
Feb 12, 2025	$17.36	$17.64	+1.61%
Oct 23, 2024	$17.30	$17.33	+0.17%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Armour Residential (ARR) report earnings?

Armour Residential (ARR) is schdueled to report earning on Oct 22, 2025, After Close (Confirmed).

What is Armour Residential (ARR) earnings time?

Armour Residential (ARR) earnings time is at Oct 22, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ARR EPS forecast?

ARR EPS forecast for the fiscal quarter 2025 (Q3) is 0.79.

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