Two Harbors Investment (TWO) Tops Q4 EPS by 1c

Two Harbors Investment (NYSE: TWO) reported Q4 EPS of $0.22, $0.01 better than the analyst estimate of $0.21.

• Reported book value of $5.87 per common share, representing a (5.6)% quarterly return on book value(1)
• Generated Comprehensive Loss of $128.6 million, representing an annualized return on average common equity of (24.7)%
• Reported Earnings Available for Distribution (EAD) of $73.3 million, or $0.22 per weighted average basic common share(2)
• Declared a fourth quarter common stock dividend of $0.17 per share
• Continued strength in mortgage servicing rights (MSR) flow sale program, which offset impact of fast prepayment speeds

For earnings history and earnings-related data on Two Harbors Investment (TWO) click here.

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