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RWTBearishEarningsnews
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Earnings Preview: Redwood Trust (RWT) Q2 Earnings Expected to Decline

Jul 25, 2024, 11:11 AM EDT1 sourcesAI-analyzed

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RWT expected to report $0.12 EPS, down 14.3% year-over-year. Revenues projected at $28.13 million, up 8.2% from last year. Earnings ESP of -3.23% indicates bearish analyst outlook. Zacks Rank #3 complicates prediction of earnings surprise. Historical performance shows RWT beat estimates only once in four quarters.

  • RWT expected to report $0.12 EPS, down 14.3% year-over-year.
  • Revenues projected at $28.13 million, up 8.2% from last year.
  • Earnings ESP of -3.23% indicates bearish analyst outlook.
  • Zacks Rank #3 complicates prediction of earnings surprise.
  • Historical performance shows RWT beat estimates only once in four quarters.

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