Redwood Trust Inc expected to post a loss of 7 cents a share - Earnings Preview

Redwood Trust

26/10/2022 24:38

* Redwood Trust Inc  RWT.N   RWT  is expected to show a fall
in
quarterly revenue when it reports  results on October 27. 
    * The Mill Valley California-based  company is expected to
report 
a 2.4% decrease in revenue to $40.997 million from $42 million a
year ago, according to the mean estimate from 9 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Redwood Trust Inc
is for
a loss of 7 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Redwood
Trust Inc
is $9​, above​ its last closing price of $6.93. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.15        0.18       -0.11     Missed  -161.8
 Mar. 31 2022  -0.05       0.15       0.24      Beat    58.2
 Dec. 31 2021  0.39        0.38       0.34      Missed  -10.5​
 Sep. 30 2021  0.37        0.39       0.65      Beat    67.8
 ​​Jun.        0.49        0.44       0.66      Beat    49.7
 30 2021                                                
 Mar. 31 2021  0.35        0.34       0.72      Beat    114.6​
 Dec. 31 2020  0.35        0.34       0.42      Beat    22.3
 Sep. 30 2020  0.48        0.43       1.02      Beat    135.8
 This summary was machine generated October 25 at 23:38 GMT.  All
figures in US dollars  unless otherwise stated