RWT - Redwood Trust Reports Q1 Earnings: What Key Metrics Have to Say | Benzinga
Redwood Trust (NYSE: RWT) reported $24 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 7.7%. EPS of $0.08 for the same period compares to $0.11 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $22.51 million, representing a surprise of +6.62%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.08.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, ...