Redwood Trust Reports Fourth Quarter 2018 Financial Results
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Redwood Trust (RWT) Tops Q4 EPS by 2c
February 14, 2019 4:29 PM ESTRedwood Trust (NYSE: RWT) reported Q4 EPS of $0.39, $0.02 better than the analyst estimate of $0.37.
Financial Highlights
GAAP net loss was $(1) million, or $(0.02) per diluted common shareNon-GAAP core earnings(1) were $38 million, or $0.39 per diluted common shareBook value per common share was $15.89 at December 31, 2018Economic return on book value(2) of (1.4)% for the fourth quarter and 7.8% for the year ended December 31,... More