MFA Financial: 4Q Earnings Snapshot

·1 min read

NEW YORK (AP) _ MFA Financial Inc. (MFA) on Tuesday reported fourth-quarter profit of $45.8 million.

The New York-based company said it had net income of 8 cents per share.

The real estate investment trust posted revenue of $60.5 million in the period. Its adjusted revenue was $19.4 million.

For the year, the company reported a loss of $679.4 million, or $1.57 per share, swinging to a loss in the period. Revenue was reported as $90.6 million.

The company's shares closed at $4.18. A year ago, they were trading at $8.03.

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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 MFA at https://www.zacks.com/ap/MFA