Two Harbors Investment (TWO) Misses Q2 EPS by 2c

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Go back to Two Harbors Investment (TWO) Misses Q2 EPS by 2c

Two Harbors Investment Corp. Reports Second Quarter 2021 Financial Results

August 4, 2021 4:30 PM EDT

Overall Performance Driven by Spread Widening in High Coupon RMBS

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 June 30, 2021.

Quarterly Summary

Reported book value of $6.42 per common share, representing a (9.6)% quarterly return on book value(1) Generated Comprehensive Loss of $194.6 million, representing an annualized return on average common equity of (40.7)% Reported Core Earnings of $51.5 million, or $0.19 per weighted average basic common... More