MFA Financial Q1 Profit Shrinks


(RTTNews.com) - MFA Financial, Inc. ( MFA ) Thursday reported first-quarter profit of $72.4 million or $0.20 per share, down from $75.31 million or $0.21 per share in the same period last year.

On average, 13 analysts polled by Thomson Reuters expected the company to earn $0.19 per share for the quarter. Analysts' estimates typically exclude special ietms.

Net-interest income decreased to $80.25 million from $82.58 million last year. Other income totaled $6.41 million, up from $3.22 million last year.

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