Redwood Trust Q3 Adj $0.18 Beats $0.14 Estimate, Sales $25.50M Miss $29.49M Estimate

Benzinga10-31

Redwood Trust (NYSE:RWT) reported quarterly earnings of $0.18 per share which beat the analyst consensus estimate of $0.14 by 28.57 percent. This is a 100 percent increase over earnings of $0.09 per share from the same period last year. The company reported quarterly sales of $25.50 million which missed the analyst consensus estimate of $29.49 million by 13.53 percent. This is a 25.00 percent increase over sales of $20.40 million the same period last year.

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