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Arlington Asset Investment reports Q3 EPS 11c, consensus 5c

Reports $6.45 per common share of book value. "Arlington’s primary focus of preserving capital in the current economic environment once again proved to be beneficial for shareholders during the third quarter. Through another quarter of challenging financial markets, Arlington was able to generate a 2.4% economic return, its fifth consecutive quarter of a positive economic return. The Company’s diversified investment strategy has enabled it to consistently grow book value per share during periods of volatile market conditions while traditional mortgage REITs have experienced losses. Over the last twelve months, the Company delivered a positive 8.0% economic return while its mortgage REIT peers have experienced a negative 16.6% economic return," said J. Rock Tonkel, Jr., the company’s President and CEO.

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