Redwood Trust First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]
Redwood Trust, Inc. (RWT)
Last redwood trust, inc. earnings: 2/27 04:16 pm
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US:NYSE Investor Relations:
redwoodtrust.com/corporateprofile
Company Research
Source: Yahoo! Finance
Net income: US$28.0m (up by US$26.2m from 1Q 2023). Profit margin: 37% (up from 3.8% in 1Q 2023). The increase in margin was driven by higher revenue. EPS: US$0.21 (up from US$0.016 in 1Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Redwood Trust Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) also surpassed analyst estimates by 168%. Looking ahead, revenue is expected to decline by 17% p.a. on average during the next 3 years, while revenues in the Mortgage REITs industry in the US are expected to grow by 31%. Performance of the American Mortgage REITs industry. The company's shares are up 9.0% from a week ago. Risk Analysis It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Redwood Trust (at least 2 which shouldn't be ignored) , and understanding these should be part of your investment process. Have fe
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News
- Industrial Logistics Properties Trust in real estate gainers, DigitalBridge in losers [Seeking Alpha]Seeking Alpha
- Redwood Trust, Inc. (NYSE:RWT) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Redwood Trust, Inc. (NYSE: RWT) had its "neutral" rating re-affirmed by analysts at Wedbush. They now have a $6.50 price target on the stock.MarketBeat
- Redwood Trust (RWT) Reports Q1 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
- Redwood Trust Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
RWT
Earnings
- 4/30/24 - Miss
RWT
Sec Filings
- 5/8/24 - Form 10-Q
- 5/3/24 - Form 4
- 4/30/24 - Form 8-K
- RWT's page on the SEC website