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Two Harbors Investments (TWO) got here out with quarterly earnings of $0.25 per share, lacking the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.49 per share a 12 months in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of -37.50%. 1 / 4 in the past, it was anticipated that this actual property funding belief that invests in mortgage-backed securities would publish earnings of $0.36 per share when it truly produced earnings of $0.24, delivering a shock of -33.33%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates simply as soon as.
Two Harbors Investments, which belongs to the Zacks REIT and Fairness Belief business, posted revenues of $71.15 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 10.83%. This compares to year-ago revenues of $89.65 million. The corporate has topped consensus income estimates thrice over the past 4 quarters.
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