Redwood Trust (RWT) Surpasses Q3 Earnings Estimates

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 ...