Redwood Trust (RWT) Misses Q1 EPS by 2c

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Redwood Trust Reports First Quarter 2019 Financial Results

May 8, 2019 4:16 PM EDT

MILL VALLEY, Calif., May 8, 2019 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT), a leading innovator in housing credit investing, today reported its financial results for the quarter ended March 31, 2019.

Key Financial Results

GAAP net income was $54 million, or $0.49 per diluted common share Non-GAAP core earnings(1) were $38 million, or... More