Two Harbors Investment (TWO) Tops Q3 EPS by 43c

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Two Harbors Investment Corp. Reports Third Quarter 2022 Financial Results

November 8, 2022 4:15 PM EST

Book Value Impacted as Spreads Continued to Widen Beyond Historical Levels

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 September 30, 2022.

Quarterly Summary(1)

Reported book value of $16.42 per common share, representing a (16.2)% quarterly economic return on book value(2) Generated Comprehensive Loss of $287.8 million, or $(3.35) per weighted average basic common share Reported Earnings Available for Distribution (EAD) of $55.2 million, or $0.64 per... More