Redwood Trust (RWT) Reports Q2 EPS of 16c

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Go back to Redwood Trust (RWT) Reports Q2 EPS of 16c

Redwood Trust Reports First Quarter 2015 Results

May 4, 2015 4:10 PM EDT

MILL VALLEY, Calif., May 4, 2015 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT) today reported net income for the first quarter of 2015 of $15 million, or $0.16 per fully diluted share. This compares to net income of $27 million, or $0.31 per fully diluted share, for the fourth quarter of 2014 and net income of $12 million, or $0.14 per fully diluted share, for the first quarter of 2014.

Redwood also reported estimated REIT taxable income of $15 million, or $0.18 per share, for the first quarter of 2015. This compares to estimated REIT taxable income of $16 million, or $0.19 per share, for... More