Arlington Asset Investment: Q3 Earnings Snapshot

MCLEAN, Va. (AP) _ Arlington Asset Investment Corp. (AAIC) on Tuesday reported a third-quarter loss of $250,000, after reporting a profit in the same period a year earlier.

On a per-share basis, the McLean, Virginia-based company said it had a loss of 3 cents. Earnings, adjusted for non-recurring costs, were 6 cents per share.

The investment company posted revenue of $6.3 million in the period. Its adjusted revenue was $4.4 million.

In the final minutes of trading on Tuesday, the company’s shares hit $3.85. A year ago, they were trading at $2.77.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AAIC at https://www.zacks.com/ap/AAIC

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