Two Harbors Investment (TWO) Tops Q3 EPS by 4c

Two Harbors Investment (NYSE: TWO) reported Q3 EPS of $0.28, $0.04 better than the analyst estimate of $0.24.

“We are very pleased with our performance this quarter, which includes 4.5% economic return on book value,” stated Bill Greenberg, Two Harbors’ President and Chief Executive Officer. “These results demonstrate that our portfolio construction has lower mortgage spread risk than portfolios without MSR, and continues to validate our strategy as an Agency plus MSR REIT.”

For earnings history and earnings-related data on Two Harbors Investment (TWO) click here.

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