ARMOUR Residential REIT, based in Vero Beach, Florida, invests in residential mortgage-backed securities and prioritizes long-term dividends over short-term market fluctuations. It is managed by ARMOUR Capital Management LP and went public on December 3, 2007.
ARMOUR Residential REIT (ARR) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, ARMOUR Residential REIT's actual EPS was $0.78, beating the estimate of $0.99 per share, resulting in a 27.33% surprise.
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