Redwood Trust Reports First Quarter 2021 Financial Results

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Redwood Trust (RWT) Tops Q1 EPS by 41c

April 28, 2021 5:10 PM EDT

Redwood Trust (NYSE: RWT) reported Q1 EPS of $0.72, $0.41 better than the analyst estimate of $0.31.

GAAP net income was $97 million, or $0.72 per diluted common shareGAAP book value per common share was $10.76 at March 31, 2021Economic return on book value(1) of... More