Annaly Capital reports Q4 EAD 68c, consensus 65c

“Annaly delivered a 10.1% economic return in the fourth quarter as interest rates declined and mortgage-related assets exhibited strong performance,” remarked David Finkelstein, Annaly’s Chief Executive Officer and Chief Investment Officer. “More broadly, we are proud to have generated a 6.0% economic return in 2023 through what was another historically volatile year in fixed income markets. We view this performance as a testament to Annaly’s diversified housing finance model and prudent portfolio and risk management.”