MFA Financial stock slides after Q3 earnings fall more than expected on lower NII

Nov. 06, 2024 9:58 AM ETMFA Financial, Inc. (MFA) StockBy: Max Gottlich, SA News Editor
(<1min)
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MFA Financial (NYSE:MFA) shares gapped down 6% in Wednesday morning trading after the residential mortgage securities investor turned in Q3 earnings that fell more than expected on lower net interest income.

Q3 distributable EPS of $0.37, trailing the $0.41 average analyst estimate, fell from $0.44

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