Redwood Trust (RWT) Misses Q3 EPS by 4c
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Redwood Trust Reports Third Quarter 2017 Results
November 6, 2017 4:15 PM ESTMILL VALLEY, Calif., Nov. 6, 2017 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT) today reported net income for the third quarter of 2017 of $36 million, or $0.41 per fully diluted share. This compares with net income of $36 million, or $0.43 per fully diluted share, for the second quarter of 2017 and net income of $53 million, or $0.58 per fully diluted share, for the third quarter of 2016. Redwood also reported non-GAAP core earnings for the third quarter of 2017 of $30 million, or $0.35 per fully diluted share. This compares with non-GAAP core earnings of $29 million, or $0.35 per fully diluted share,... More
