Redwood Trust (RWT) reported $25.5 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 27.5%. EPS of $0.18 for the same period compares to $0.09 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $25.96 million, representing a surprise of -1.77%. The company delivered an EPS surprise of +28.57%, with the consensus EPS estimate being $0.14. While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...

Redwood Trust (RWT) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 28.57%. A quarter ago, it was expected that this specialty finance company would post earnings of $0.12 per share when it actually produced earnings of $0.13, delivering a surprise of 8.33%. Over the last four quarte ...

R E D W O O D | --- | --- | --- | |------------------|----------------|-------| | | | | | | | | | | | | | | | | | | | | | | Q3 2024 | | | | Redwood Review | | | October 30, 2024 | | | R E D W O O D T R U S T . C O M Cautionary Statement; Forward-Looking Statements This presentation contains forward-looking statements, including statements regarding our 2024 forward outlook and key drivers to increase earnings and book value, current target returns related to capital deployment opportunities, estimates of up ...

Exhibit 99.1 R E D W O O D T R U S T REDWOOD TRUST REPORTS THIRD QUARTER 2024 FINANCIAL RESULTS MILL VALLEY, CA – Redwood Trust, Inc. (NYSE:RWT; "Redwood", the "Company"), a leader in expanding access to housing for homebuyers and renters, today reported its financial results for the quarter ended September 30, 2024. Key Q3 2024 Financial Results and Metrics • GAAP book value per common share was $8.74 at September 30, 2024, relative to $8.73 per share at June 30, 2024 ◦ Economic return on book value of 2.1 ...

Redwood Trust (RWT) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Octobe ...

cagkansayin Until very recently, our efforts to optimize results from fixed income investments in a changing interest rate environment have focused not only on securing high current yields but also on potential capital appreciation. Fixed-to-floating rate preferred stocks trading at big discounts to par have been the assets of choice. But now that we have reached the Fed's pivot point of turning from raising rates to cutting rates, those discounts have shrunk, and the floating rate yields will likely begin ...

Redwood Trust ( RWT ) is a California based REIT. The company operates through three segments: Residential Consumer Mortgage Banking, Residential Investor Mortgage Banking and Investment Portfolio. The REIT has a high sensitivity to rates, with a high level in mortgages hampering the bread and Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and ...

UNITED STATES OF AMERICA SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended: June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |------------------------------------------------------------------------------------------------------|------------------------------------------| | | | | For the Transition ...

Redwood Trust, Inc. (NYSE:RWT) Q2 2024 Results Conference Call August 1, 2024 8:00 AM ET Company Participants Kaitlyn Mauritz - Head of Investor Relations Chris Abate - Chief Executive Officer Dash Robinson - President Brooke Carillo - Chief Financial Officer Conference Call Participants Bose George - KBW Douglas Harter - UBS Crispin Love - Piper Sandler Jason Weaver - Jones Trading Don Fandetti - Wells Fargo Stephen Laws - Raymond James Eric Hagen - BTIG Rick Shane - JPMorgan Steve Delaney - Citizens JMP S ...

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 ...