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Redwood Trust EPS beats by $0.38, beats on revenue

Apr. 28, 2021 4:41 PM ETRedwood Trust, Inc. (RWT) StockRWTBy: Pranav Ghumatkar, SA News Editor3 Comments
  • Redwood Trust (NYSE:RWT): Q1 GAAP EPS of $0.72 beats by $0.38.
  • Net interest income of $26M (-49.0% Y/Y) beats by $2.23M.
  • Economic return on book value of 10%
  • Recourse leverage ratio of 1.9x at March 31, 2021
  • Declared and paid a regular quarterly dividend of $0.16 per common share for the first quarter.
  • Shares +0.18%.
  • Press Release

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