Redwood Trust, Inc. Reports 3% Decline In Q2 Bottom Line

WASHINGTON (dpa-AFX) - Redwood Trust, Inc. (RWT) reported earnings for second quarter that retreated from last year.

The company said its bottom line came in at $29 million, or $0.35 per share. This was down from $30 million, or $0.36 per share, in last year's second quarter.

Redwood Trust, Inc. earnings at a glance:

-Earnings (Q2): $29 Mln. vs. $30 Mln. last year. -Earnings Decline (Y-o-Y): -3.3% -EPS (Q2): $0.35 vs. $0.36 last year. -EPS Decline (Y-o-Y): -2.8%

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