Core Viewpoint - Analysts forecast that Redwood Trust (RWT) will report quarterly earnings of 26 million, reflecting a 30% increase compared to the previous year [1]. Earnings Projections - Over the last 30 days, there has been a downward revision of 1.4% in the consensus EPS estimate for the quarter, indicating a collective reconsideration by analysts [2]. - Changes in earnings projections are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate trends and short-term stock price movements [3]. Revenue and Income Estimates - Analysts predict that 'Net interest income' will reach 20 million in the same quarter last year [5]. - The estimate for 'Total non-interest income (loss), net' is projected to be 44 million reported in the same quarter of the previous year [5]. - 'Non-interest income (loss) - Investment fair value changes, net' is expected to be -15 million in the prior year [6]. Stock Performance - Shares of Redwood Trust have increased by 8.1% over the past month, outperforming the Zacks S&P 500 composite, which moved up by 4.2% [6]. - With a Zacks Rank 4 (Sell), RWT is anticipated to underperform the overall market in the near future [6].
Curious about Redwood Trust (RWT) Q4 Performance? Explore Wall Street Estimates for Key Metrics