CYS Investments Sees Q4 EPS of $0.51-0.55
CYS Investments, Inc. (NYSE: CYS) announced today preliminary estimates of select financial data for the fourth quarter of 2011 and as of December 31, 2011.
The Company estimates that, when finally determined, for the quarter ended December 31, 2011 net income will be in the range of $0.51 to $0.55 per share.
The Company expects that, when finally determined, net asset value per share as of December 31, 2011 will be in the range of $12.98 and $13.03 The Company estimates that as of December 31, 2011, the fair value of its portfolio was approximately $9.5 billion, and that its leverage ratio, calculated by dividing (i) its repurchase agreements balance plus its payable for securities purchased minus our receivable for securities sold (ii) by net assets, at December 31, 2011 was in the range of 7.7 – 7.9 to 1.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.