American Capital Mortgage posts 3Q profit

BETHESDA, Md. (AP) _ American Capital Mortgage Investment Corp. (MTGE) on Monday reported third-quarter earnings of $49.9 million.On a per-share basis

BETHESDA, Md. (AP) _ American Capital Mortgage Investment Corp. (MTGE) on Monday reported third-quarter earnings of $49.9 million.

On a per-share basis, the Bethesda, Maryland-based company said it had profit of $1.06. Earnings, adjusted for non-recurring gains, were 50 cents per share.

The mortgage real estate investment trust posted revenue of $21.5 million in the period.

American Capital Mortgage shares have risen 18 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $18.60, an increase of slightly more than 9 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 MTGE at https://www.zacks.com/ap/MTGE

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