Core Insights - Redwood Trust reported revenue of $27.6 million for Q4 2024, a 38% year-over-year increase, and an EPS of $0.13 compared to $0.05 a year ago, indicating strong growth despite an EPS surprise of -18.75% against the consensus estimate of $0.16 [1] Financial Performance - The revenue of $27.6 million exceeded the Zacks Consensus Estimate of $26 million by 6.15% [1] - Net interest income was reported at $27.60 million, surpassing the average estimate of $25.90 million from four analysts [4] - Non-interest income (loss) was reported at $10.70 million, significantly higher than the average estimate of $5.84 million [4] - Total non-interest income (loss) was $17.60 million, which fell short of the estimated $37.06 million [4] - Investment fair value changes resulted in a loss of $25.50 million, compared to the average estimate of -$5.75 million [4] Stock Performance - Over the past month, shares of Redwood Trust returned +0.6%, while the Zacks S&P 500 composite increased by +3.9% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]
Redwood Trust (RWT) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates