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Redwood Trust Swings to Q4 Loss, Lower Revenue
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Redwood Trust Swings to Q4 Loss, Lower Revenue
Feb 13, 2025 2:56 PM

05:44 PM EST, 02/13/2025 (MT Newswires) -- Redwood Trust ( RWT ) reported late Thursday its Q4 swung to a loss of $0.07 per diluted share, from earnings of $0.15 a year earlier.

Analysts polled by FactSet expected EPS of $0.10.

Revenue, expressed as the sum of net interest income and total noninterest income, for the quarter ended Dec. 31 fell to $45.2 million from $64.1 million a year earlier.

Analysts surveyed by FactSet expected $54.6 million.

The company's shares were up 2.8% in after-hours activity.

Price: 6.64, Change: +0.18, Percent Change: +2.78

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