Redwood Trust (RWT) Tops Q3 EPS by 2c

Redwood Trust (NYSE: RWT) reported Q3 EPS of $0.39, $0.02 better than the analyst estimate of $0.37.

"With our recent capital raise and record capital deployment in the third quarter, we made tangible progress towards our strategic goals of scaling our platform and broadening our reach across the full housing finance spectrum. Most importantly, we continued to deliver strong returns for our shareholders during a period of rising interest rates and heightened market volatility," commented Chris Abate, Chief Executive Officer of Redwood Trust.

For earnings history and earnings-related data on Redwood Trust (RWT) click here.

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