Redwood Trust (RWT) Reports Q2 Earnings: What Key Metrics Have to Say

Redwood Trust (RWT) reported $25.3 million in revenue for the quarter ended June 2024, representing a yearover-year decline of 2.7%. EPS of$ 0.13 for the same period compares to $0.14 a year ago. The reported revenue represents a surprise of -10.05% over the Zacks Consensus Estimate of$ 28.13 million. With the consensus EPS estimate being $0.12, the EPS surprise was +8.33%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...