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AGNC Investment Beats on Q4 Earnings

TheMotleyFool

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On Monday, AGNC Investment (NASDAQ: AGNC) unveiled its latest quarterly report, showing a better-than-expected result on the bottom line.

For the mortgage real estate investment trust's (mREIT) fourth quarter of 2020, its total revenue rose by 23% to $459 million. Non-GAAP (adjusted) net spread and dollar roll income -- essentially, its bottom line -- rose 27% to $409 million, or $0.75 per share.

Image source: Getty Images.

Source Fool.com

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