Picture of Two Harbors Investment logo

TWO Two Harbors Investment News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsBalancedMid CapSuper Stock

Two Harbors Investment Corp reports results for the quarter ended June 30 - Earnings Summary

Two Harbors Investment Corp TWO.N reported quarterly adjusted earnings of 28 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 17 cents.  The mean expectation of ten analysts for the quarter was for earnings of 37 cents per share. Wall Street expected results to range from 22 cents to 45 cents per share.

Revenue fell 52.6% to $-18.12 million from a year ago; analysts expected $-24.22 million.

Two Harbors Investment Corp's reported EPS for the quarter was a loss of $2.62​.

The company reported a quarterly loss of $270.78 million.

Two Harbors Investment Corp shares had fallen by 3.0% this quarter and lost 11.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 9.3% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is also "buy"

Wall Street's median 12-month price target for Two Harbors Investment Corp is $12.75, about 18% above its last closing price of $10.45

This summary was machine generated from LSEG data July 28 at 09:01 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.370.28Missed
Mar. 31 20250.380.24Missed
Dec. 31 20240.360.20Missed
Sep. 30 20240.340.13Missed

Recent news on Two Harbors Investment

See all news