Federal National Mortgage Association Earnings: Miss on Revenue and EPS

Federal National Mortgage Association (FNMA) reported earnings per share of $0.63 for the quarter ended April 29, 2026, falling short of analyst expectations of $0.65 per share. The mortgage giant delivered a negative earnings surprise of 2.36%, missing Wall Street estimates by $0.02 per share.

Revenue came in at $7.28 billion, below the consensus estimate of $7.54 billion. The company posted a revenue miss of 3.42%, with actual results trailing expectations by $257.8 million. This represents a more significant shortfall on the top line compared to the earnings miss.

The dual miss on both earnings per share and revenue indicates challenges for FNMA during the reporting period. The $0.63 EPS figure reflects the company’s profitability per share, while the $7.28 billion revenue total shows the overall business volume for the quarter.

FNMA’s performance fell short of analyst projections on both key financial metrics, with the revenue miss of 3.42% being notably larger than the 2.36% EPS shortfall. The $257.8 million revenue gap represents the difference between actual results and Wall Street expectations.

This article is for informational purposes only and does not constitute investment advice. Past performance does not guarantee future results.