Benzinga | Jul 30, 2020 04:49PM EDT

Redwood Trust Q2 EPS $1.00 May Not Compare To $0.23 Estimate

Redwood Trust (NYSE:RWT) reported quarterly earnings of $1.00 per share which beat the analyst consensus estimate of $0.23 by 334.78 percent. This is a 156.41 percent increase over earnings of $0.39 per share from the same period last year.