MFA Financial: Q4 Earnings Snapshot
MFA Financial Inc. (MFA) on Thursday reported fourth-quarter profit of $6.7 million
By AP News
Published - Feb 23, 2023, 09:06 AM ET
Last Updated - Apr 30, 2024, 11:53 PM EDT
NEW YORK (AP) — NEW YORK (AP) — MFA Financial Inc. (MFA) on Thursday reported fourth-quarter profit of $6.7 million.
The New York-based company said it had net income of 2 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 48 cents per share.
The real estate investment trust posted revenue of $142.9 million in the period. Its adjusted revenue was $55.7 million.
For the year, the company reported a loss of $231.6 million, or $2.56 per share, swinging to a loss in the period. Revenue was reported as $223.6 million.
