Earnings Preview: Redwood Trust (RWT) Q2 Earnings Expected to Decline

This specialty finance company is expected to post quarterly earnings of $0.12 per share in its upcoming report, which represents a year-over-year change of -14.3%. Revenues are expected to be $28.13 million, up 8.2% from the year-ago quarter. The market expects Redwood Trust (RWT) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a power ...