Dynex Capital, Inc. (DX) CEO Byron Boston on Q3 2021 Results - Earnings Call Transcript

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Q3: 2021-10-27 Earnings Summary

EPS of $0.54 beats by $0.06
 | Revenue of $14.39M (-13.88% Y/Y) misses by $9.11M

Dynex Capital, Inc. (NYSE:DX) Q3 2021 Earnings Conference Call October 27, 2021 10:00 AM ET

Company Participants

Alison Griffin - VP, IR
Byron Boston - CEO & Co-Chief Information Officer
Steve Benedetti - EVP, CFO & COO
Smriti Popenoe - President & Co-Chief Investment Officer

Conference Call Participants

John Kolz - Credit Suisse
Trevor Cranston - JMP Securities
Mike Smith - KBW
Eric Hagen - BTIG
Jason Stewart - Jones Trading
Christopher Nolan - Ladenburg Thalmann

Operator

Ladies and gentlemen, thank you for standing by. At this time, I'd like to welcome everyone to the Dynex Capital Third Quarter 2021 Earnings Results and Conference Call.

All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator instructions]

Thank you. I'd now like to turn the call over to Alison Griffin, Vice President, Investor Relations for opening remarks. You may proceed.

Alison Griffin

Thank you. Good morning everyone and thank you for joining us today for the Dynex Capital third quarter 2021 earnings conference call. The press release associated with today's call was issued and filed with the SEC this morning, October 27, 2021. You may view the press release on the homepage of the Dynex website at dynexcapital.com, as well as on the SEC's website at sec.gov.

As we begin, we wish to remind you that this conference call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words; will, believe, expect, forecast, assume, anticipate, estimate, project, plan, continue and similar expressions identify forward-looking statements. These forward-looking statements reflect our current beliefs, assumptions and expectations based on information currently available to us and are applicable only as of the date of this presentation. These forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified.

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