Annaly swings to $0.09 per share GAAP loss in Q2 as EAD rises to $0.68 from $0.64
Annaly Capital Management reported a GAAP net loss of $0.09 per average common share for the quarter ended June 30, 2024, compared with GAAP net income of $0.85 per share in the prior quarter. Earnings available for distribution rose to $0.68 per share from $0.64 in the first quarter, but book value per common share fell to $19.25 from $19.73, and the company declared a $0.65 quarterly dividend.
Key points
- GAAP net loss of $0.09 per share for Q2 2024, versus $0.85 in Q1 2024 and $0.27 in Q2 2023
- Earnings available for distribution of $0.68 per share, up from $0.64 in Q1 2024 but down from $0.72 in Q2 2023
- Book value per common share of $19.25 at June 30, 2024, down from $19.73 at March 31, 2024
- GAAP leverage rose to 7.1x from 6.7x in the prior quarter; quarterly common dividend of $0.65 per share declared
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:11 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 24, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.