Redwood Trust (RWT) Tops Q3 EPS by 2c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/13/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
- Exclusive-Silver Lake in talks to buy Workday, sources say
- Crude Inventory Rose 17.2 Million Barrels Last Week - EIA
- Citi agrees to acquire rewards platform Kard Financial
- Total darkness, then sunset as full eclipse wows spectators in Spain
- Burry doubles down on Nebius short after stock surges 34% on earnings
Redwood Trust Reports Third Quarter 2018 Results
November 7, 2018 4:15 PM ESTMILL VALLEY, Calif., Nov. 7, 2018 /PRNewswire/ --Â Redwood Trust, Inc. (NYSE: RWT) (the "Company" or "Redwood") today reported its financial results for the third quarter of 2018.
Quarterly Financial Highlights
GAAP net income was $41 million, or $0.42 per diluted common share Non-GAAP core earnings(1) were $37 million, or $0.39 per diluted common share Book value per common share increased to $16.42 from $16.23 at June 30, 2018 and $15.67 at September 30, 2017 Economic return on book value(2) of 3.0% for the third quarter and 9.3% for the nine months ended September 30, 2018 Recourse debt-to-equity leverage... More