Anworth posts 4Q profit

Anworth Mortgage Asset posts fourth-quarter profit of $15.8 million

SANTA MONICA, Calif. (AP) _ Anworth Mortgage Asset Corp. (ANH) on Wednesday reported fourth-quarter profit of $15.8 million.

On a per-share basis, the Santa Monica, California-based company said it had profit of 14 cents. Earnings, adjusted for non-recurring gains, came to 12 cents per share.

The real estate investment trust that buys mortgage debt posted revenue of $36.8 million in the period. Its adjusted revenue was $19.3 million.

For the year, the company reported profit of $32.9 million, or 30 cents per share. Revenue was reported as $36.4 million.

Anworth shares have risen almost 4 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.36, a climb of 21 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 ANH at https://www.zacks.com/ap/ANH

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Keywords: Anworth Mortgage Asset, Earnings Report

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