Redwood Trust Reports Second Quarter 2019 Financial Results

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Redwood Trust (RWT) Tops Q2 EPS by 1c

August 1, 2019 5:09 PM EDT

Redwood Trust (NYSE: RWT) reported Q2 EPS of $0.39, $0.01 better than the analyst estimate of $0.38.

GAAP net income was $31 million, or $0.30 per diluted common shareNon-GAAP core earnings(1) were $43 million, or $0.39 per diluted common shareBook value per common share was $16.01 at June... More