Brace yourselves for the unveiling of Redwood Trust's (NYSE: RWT) third quarter financial results on Wednesday 30th October 2024. This eagerly awaited announcement will take place after market close.
Based on the predictions of financial experts on Wall Street, the business is expected to reveal an anticipated $0.14 profit per share for the quarter. Additionally, the firm is poised to disclose a total revenue of $29.49 million for the quarter.
In the corresponding quarter of the previous year, the company's earnings report revealed a per-share income of $0.09. This significant amount was attributed to the company's remarkable total revenue of $20 million generated during that specific period.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $110.1 million. Additionally, they expect the company to post profit of $0.52 per share for the fiscal year.
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Additionally, The company will host a conference call with investors and analysts on 30th October 2024 at 05:00 PM eastern time to review the Q3 2024 financial results.
Redwood Trust (RWT) closed Monday's regular trading session at $7.54, indicating a 0.27 percent gain. During the day, RWT shares traded between $7.48 and $7.60, with a day volume of 587.10 thousand shares.
