BETHESDA, Md. (AP) _ AGNC Investment Corp. (AGNC) on Monday reported fourth-quarter net income of $561 million, after reporting a loss in the same period a year earlier.

The Bethesda, Maryland-based company said it had profit of 93 cents per share. Earnings, adjusted for non-recurring gains, were 74 cents per share.

The results topped 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 $347 million in the period. Its adjusted revenue was $25 million.

For the year, the company reported a loss of $1.19 billion, or $2.41 per share, swinging to a loss in the period. Revenue was reported as $965 million.

AGNC Investment shares have increased 9% since the beginning of the year. In the final minutes of trading on Monday, shares hit $11.28, a decline of 24% in the last 12 months.

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

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