Redwood Trust: Fourth Quarter Earnings Overview

Redwood Trust Inc. Announces Fourth Quarter Financial Results

Redwood Trust Inc., headquartered in Mill Valley, California, disclosed a net income of $20 million for the fourth quarter, according to a report released on Wednesday.

The company posted earnings of $0.13 per share for the quarter. When excluding one-time expenses, adjusted earnings came to $0.33 per share.

Over the entire year, Redwood Trust reported a net loss totaling $70.1 million, which equates to a loss of $0.61 per share. The company’s annual revenue reached $82.6 million.