Two Harbors Investment (TWO) Misses Q1 EPS by 6c
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Two Harbors Investment Corp. Reports First Quarter 2021 Financial Results
May 5, 2021 4:20 PM EDTHedge Benefits of MSR Result in Stable Performance During Volatile Quarter
NEW YORK--(BUSINESS WIRE)-- Two Harbors Investment Corp. (NYSE: TWO), an Agency + MSR mortgage real estate investment trust (REIT), today announced its financial results for the quarter ended March 31, 2021.
Quarterly Summary
Reported book value of $7.29 per common share, representing a (2.2)% quarterly return on book value(1) Generated Comprehensive Income of $(48.5) million, representing an annualized return on average common equity of (9.3)% Reported Core Earnings of $45.8 million, or $0.17 per weighted average... More