ARMOUR Residential REIT (NYSE:ARR) reported quarterly earnings of $0.77 per share which missed the analyst consensus estimate of $0.84 by 8.33 percent. This is a 28.7 percent decrease over earnings of $1.08 per share from the same period last year. The company reported quarterly sales of $33.10 million which missed the analyst consensus estimate of $59.59 million by 44.45 percent. This is a 372.86 percent increase over sales of $7.00 million the same period last year.