Redwood Trust (NYSE:RWT) reported its Q4 earnings results on Wednesday, February 9, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Redwood Trust missed estimated earnings by 10.53%, reporting an EPS of $0.34 versus an estimate of $0.38.
Revenue was up $26.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.26, which was followed by a 3.03% increase in the share price the next day.
Here's a look at Redwood Trust's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.39 | 0.40 | 0.29 | 0.34 |
| EPS Actual | 0.65 | 0.66 | 0.72 | 0.42 |
| Revenue Estimate | 28.75M | 26.86M | 24.54M | 29.52M |
| Revenue Actual | 42.00M | 31.00M | 26.00M | 24.00M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
