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.

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• Sinda raises $331M in IPO, reports Q2 net loss of $16.6M
• Z Squared outlines AI power strategy and Paradox Data acquisition