WASHINGTON (dpa-AFX) - Redwood Trust, Inc. (RWT) announced earnings for its first quarter that advanced from the same period last year.
The company's bottom line totaled $47 million, or $0.50 per share. This compares with $37 million, or $0.43 per share, in last year's first quarter.
Excluding items, Redwood Trust, Inc. reported adjusted earnings of $58 million or $0.60 per share for the period.
Redwood Trust, Inc. earnings at a glance:
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