Redwood Trust Q3 Adj. EPS $0.18 Misses $0.21 Estimate, Sales $40.600M Miss $94.800M Estimate
Benzinga Newsdesk 6 hours ago
NewsEarningsEarnings Misses
Redwood Trust (NYSE:RWT) reported quarterly earnings of $0.18 per share which missed the analyst consensus estimate of $0.21 by 14.29 percent. This is a 28 percent decrease over earnings of $0.25 per share from the same
Redwood Trust (NYSE:RWT) reported quarterly earnings of $0.18 per share which missed the analyst consensus estimate of $0.21 by 14.29 percent. This is a 28 percent decrease over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $40.600 million which missed the analyst consensus estimate of $94.800 million by 57.17 percent. This is a 26.48 percent increase over sales of $32.100 million the same period last year.