Two Harbors Investment Corp expected to post earnings of 53cents a share - Earnings Preview

Two Harbors Investment

06/02/2023 23:40

* Two Harbors Investment Corp  TWO.N   TWO  is expected
to show a
rise in quarterly revenue when it reports  results on February
8. 
    * The Minnetonka Minnesota-based  company is expected to
report  a
8.8% increase in revenue to $13.976 million from $12.85 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Two Harbors
Investment
Corp is for earnings of 53 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Two Harbors
Investment Corp is $16.63​, below​ its last closing price
of $16.98. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.79        0.79       0.64      Missed  -18.8
 Jun. 30 2022  0.79        0.72       0.88      Beat    22.2
 Mar. 31 2022  0.81        0.79       0.72      Missed  -8.4​
 Dec. 31 2021  0.87        0.84       0.88      Beat    4.4
 ​​Sep.        0.77        0.78       0.96      Beat    22.9
 30 2021                                                
 Jun. 30 2021  0.77        0.78       0.76      Missed  -3.1​
 Mar. 31 2021  0.94        0.93       0.68      Missed  -26.9
 Dec. 31 2020  0.95        0.93       1.20      Beat    28.4
 This summary was machine generated February 6 at 23:40 GMT.  All
figures in US dollars  unless otherwise stated