ACAS reports 4th quarter earnings tomorrow after the close, any news on what to expect for earnings?
just found this good bit of info -
American Capital Agency Corp. reported sharply higher earnings for the fourth quarter of 2009 Monday as the government-backed mortgage securities it holds gained value. The company said it earned $40.7 million, or $1.79 per share, for the fourth quarter of 2009, compared to $11 million, or 73 cents per share, in the fourth quarter of 2008. Net interest income swelled to $26.8 million from $6.8 million.
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