Redwood Belief (RWT) reported $27.6 million in income for the quarter ended December 2024, representing a year-over-year improve of 38%. EPS of $0.13 for a similar interval compares to $0.05 a yr in the past.
The reported income represents a shock of +6.15% over the Zacks Consensus Estimate of $26 million. With the consensus EPS estimate being $0.16, the EPS shock was -18.75%.
Whereas buyers carefully watch year-over-year modifications in headline numbers — income and earnings — and the way they examine to Wall Avenue expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
Since these metrics play an important function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher undertaking a inventory’s worth efficiency.
Right here is how Redwood Belief carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Internet curiosity revenue: $27.60 million in comparison with the $25.90 million common estimate based mostly on 4 analysts.
- Non-interest revenue (loss)- Different revenue, internet: $10.70 million versus the four-analyst common estimate of $5.84 million.
- Whole non-interest revenue (loss), internet: $17.60 million versus $37.06 million estimated by 4 analysts on common.
- Non-interest revenue (loss)- Funding honest worth modifications, internet: -$25.50 million in comparison with the -$5.75 million common estimate based mostly on three analysts.
View all Key Company Metrics for Redwood Trust here>>>
Shares of Redwood Belief have returned +0.6% over the previous month versus the Zacks S&P 500 composite’s +3.9% change. The inventory presently has a Zacks Rank #3 (Maintain), indicating that it may carry out in keeping with the broader market within the close to time period.
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Redwood Trust, Inc. (RWT) : Free Stock Analysis Report
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