MFA Financial misses 4Q profit forecasts

NEW YORK (AP) _ MFA Financial Inc. (MFA) on Thursday reported fourth-quarter earnings of $72.6 million.

On a per-share basis, the New York-based company said it had profit of 18 cents.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share.

The real estate investment trust posted revenue of $138.2 million in the period. Its adjusted revenue was $88.3 million.

For the year, the company reported profit of $312.7 million, or 80 cents per share. Revenue was reported as $373.1 million.

MFA Financial shares have climbed slightly more than 5 percent since the beginning of the year. The stock has risen 24 percent in the last 12 months.

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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

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Keywords: MFA Financial, Earnings Report