NEW YORK (AP) — NEW YORK (AP) — Annaly Capital Management Inc. (NLY) on Wednesday reported third-quarter net income of $66.4 million.

The New York-based company said it had net income of 5 cents per share. Earnings, adjusted for non-recurring costs, came to 66 cents per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share.

The real estate investment trust posted revenue of $1.23 billion in the period. Its adjusted revenue was $13.4 million.

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This story was generated by Automated Insights (https://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NLY at https://www.zacks.com/ap/NLY