Two Harbors Investment Corp expected to post earnings of 34 cents a share - Earnings Preview

Two Harbors Investment

27/10/2024 14:53

* Two Harbors Investment Corp  TWO.N   TWO  is expected
to show a
rise in quarterly revenue when it reports  results on October 28
for the period ending September 30 2024
    * The Saint Louis Park Minnesota-based  company is expected
to
report a 30.5% decrease in revenue to $-34.382 million from
$-49.49 million a year ago, according to the mean estimate from
7 analysts, based on LSEG data. (SAL Represent Net Interest
income)
    * ​LSEG's mean analyst estimate for Two Harbors Investment
Corp is
for earnings of 34 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"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 Two Harbors
Investment Corp is 15.00​, above​ its last closing price
of $12.88. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.20        0.32       0.17      Missed  -46
 Mar. 31 2024  0.17        0.28       0.05      Missed  -82
 Dec. 31 2023  -0.49       -0.06      -0.11     Missed  -97.3​
 Sep. 30 2023  0.38        0.42       -0.01     Missed  -102.4
 ​​Jun.        0.60        0.58       -0.04     Missed  -106.9
 30 2023                                                
 Jan. 1 0001   0.74        0.86       0.09      Missed  -89.5​
 Jan. 1 0001   0.53        0.53       0.26      Missed  -50.8
 Sep. 30 2022  0.79        0.79       0.64      Missed  -18.8
 This summary was machine generated October 27 at 14:53 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)