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Dynex trades higher as Q2 earnings beat as book value grows

Stocks & Finance
Dynex trades higher as Q2 earnings beat as book value grows

Business professional examining real estate investment trust (<a href='https://seekingalpha.com/symbol/REIT' title='ALPS Active REIT ETF'>REIT</a>) concept on digital interface with various icons representing properties, finance, and market analysis

Dynex Capital (DX) stock climbed 1.4% in Monday premarket trading after the mortgage investment trust's Q2 earnings reflected book value growth, helped by spread tightening and hedging.

Q2 EPS available for distribution of $0.36, vs. the average analyst estimate of $0.34, rose from $0.31 in Q1


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