Redwood Trust Q1 Adj. EPS $0.14 Misses $0.17 Estimate, Sales $27.90M Miss $28.30M Estimate

Benzinga Newsdesk 1 year ago

EarningsEarnings MissesNews

Redwood Trust (NYSE:RWT) reported quarterly earnings of $0.14 per share which missed the analyst consensus estimate of $0.17 by 17.65 percent. This is a 75 percent increase over earnings of $0.08 per share from the same

Redwood Trust (NYSE:RWT) reported quarterly earnings of $0.14 per share which missed the analyst consensus estimate of $0.17 by 17.65 percent. This is a 75 percent increase over earnings of $0.08 per share from the same period last year. The company reported quarterly sales of $27.90 million which missed the analyst consensus estimate of $28.30 million by 1.40 percent. This is a 16.25 percent increase over sales of $24.00 million the same period last year.

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