Invesco Mortgage Capital Inc. Announces Preliminary Estimates of Selected Second Quarter 2012 Financial Results

Invesco Mortgage Capital Inc. Announces Preliminary Estimates of Selected Second Quarter 2012 Financial Results

PR Newswire

ATLANTA, July 19, 2012 /PRNewswire/ — Invesco Mortgage Capital Inc. (the “Company”) (NYSE: IVR) today announced preliminary estimates of selected financial results for the second quarter 2012 and as of June 30, 2012.

The Company estimates that, when finally determined, its book value per share as of June 30, 2012 will be in the range of $18.38 – $18.42 and that our leverage ratio as of June 30, 2012 will be approximately 6.3x debt to equity. In addition, the Company estimates that, when finally determined, its net income for the quarter ended June 30, 2012, will be in the range of $0.65 – $0.69 per share.

Management has made preliminary estimates of our earnings per share for the quarter ended June 30, 2012 and our book value and leverage ratio as of June 30, 2012. The preliminary estimates are subject to revision as we prepare our interim financial statements, including all disclosures required by accounting principles generally accepted in the United States, or U.S. GAAP, as of and for the quarter ended June 30, 2012 and as our auditors conduct their review of these interim financial statements. Factors that could cause the preliminary estimates to differ include, but are not limited to: (i) additional adjustments in the calculation of financial results for, or book value as of, the quarter-end date, (ii) discovery of new information that alters expectations about second quarter results or impacts valuation methodologies underlying these results, (iii) errors in the assessment of portfolio value, and (iv) accounting changes required by U.S. GAAP.

About Invesco Mortgage Capital Inc.
Invesco Mortgage Capital Inc. is a real estate investment trust that focuses on financing and managing residential and commercial mortgage-backed securities and mortgage loans. Invesco Mortgage Capital Inc. is externally managed and advised by Invesco Advisers, Inc., a subsidiary of Invesco Ltd. (NYSE: IVZ), a leading independent global investment management company. Additional information is available at www.invescomortgagecapital.com.

Cautionary Notice Regarding Forward-Looking Statements
This release may include statements and information that constitute “forward-looking statements” within the meaning of the U.S. securities laws. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, targets, expectations, anticipations, assumptions, estimates, intentions and future performance. In addition, words such as “will,” “expects” and “plans,” as well as any other statement that necessarily depends on future events, are intended to identify forward-looking statements.

Forward-looking statements are not guarantees, and they involve risks, uncertainties and assumptions. There can be no assurance that actual results will not differ materially from our expectations. We caution investors not to rely unduly on any forward-looking statements and urge you to carefully consider the risks identified under the captions “Risk Factors,” “Forward-Looking Statements” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our registration statement on Form S-3ASR (Commission File No. 333-174598), our annual report filed on Form 10-K and quarterly report on Form 10-Q, which are available on the Securities and Exchange Commission’s website at www.sec.gov.

All written or oral forward-looking statements that we make, or that are attributable to us, are expressly qualified by this cautionary notice. We expressly disclaim any obligation to update the information in any public disclosure if any forward-looking statement later turns out to be inaccurate, except as required by law.

SOURCE Invesco Mortgage Capital Inc.

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