Redwood Trust Q3 Adj. EPS $0.20 Beats $0.17 Estimate, Sales $15.000M Miss $30.925M Estimate

Benzinga Newsdesk 1 year ago

EarningsEarnings BeatsEarnings MissesNews

Redwood Trust (NYSE:RWT) reported quarterly earnings of $0.20 per share which beat the analyst consensus estimate of $0.17 by 17.65 percent. This is a 11.11 percent increase over earnings of $0.18 per share from the same

Redwood Trust (NYSE:RWT) reported quarterly earnings of $0.20 per share which beat the analyst consensus estimate of $0.17 by 17.65 percent. This is a 11.11 percent increase over earnings of $0.18 per share from the same period last year. The company reported quarterly sales of $15.000 million which missed the analyst consensus estimate of $30.925 million by 51.49 percent. This is a 41.18 percent decrease over sales of $25.500 million the same period last year.

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