
Annaly Capital Management, a mortgage REIT, is expected to report Q2 earnings with a 2.7% increase in EPS to $0.75 and revenue of $639.8 million, driven by an 86.3% surge in net interest income. Despite a high 13% dividend yield, the company faces risks from a high debt-to-equity ratio of 7.18 and potential mortgage market volatility. Investors should watch for impacts on book value and cash flow as the company navigates interest rate sensitivity and market conditions. The earnings report is scheduled for release after market close on July 21, 2026.