
Mortgage REIT AGNC Investment (NASDAQ: AGNC) will be announcing earnings results this Monday after the bell. Here’s what you need to know.
AGNC Investment beat analysts’ revenue expectations by 42.3% last quarter, reporting revenues of $836 million, up 122% year on year. It was a slower quarter for the company, with a significant miss of analysts’ net interest income estimates and a significant miss of analysts’ EPS estimates.
Is AGNC Investment a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting AGNC Investment’s revenue to grow 215% year on year to $484.5 million, a reversal from the 65% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.37 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. AGNC Investment has missed Wall Street’s revenue estimates six times over the last two years.
Looking at AGNC Investment’s peers in the banks segment, some have already reported their Q4 results, giving us a hint as to what we can expect. WaFd Bank delivered year-on-year revenue growth of 7.6%, missing analysts’ expectations by 2.6%, and ServisFirst Bancshares reported revenues up 20.7%, topping estimates by 5%. WaFd Bank traded down 4% following the results while ServisFirst Bancshares was up 14.6%.
Read our full analysis of WaFd Bank’s results here and ServisFirst Bancshares’s results here.
Investors in the banks segment have had steady hands going into earnings, with share prices up 1.9% on average over the last month. AGNC Investment is up 9.3% during the same time and is heading into earnings with an average analyst price target of $10.94 (compared to the current share price of $11.87).
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