ARMOUR Residential REIT Inc, a US-based company specializing in residential mortgage-backed securities, is headquartered in Vero Beach, Florida and went public in 2007. The REIT primarily invests in securities issued or guaranteed by U.S. Government-sponsored entities, focusing on fixed rate and adjustable-rate loans, and is managed by ARMOUR Capital Management LP.
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 $1.08, beating the estimate of $1.00 per share, resulting in a 8.44% surprise.
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