• Two Harbors Investment Corp TWO.N reported quarterly adjusted earnings of 24 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 5 cents. The mean expectation of ten analysts for the quarter was for earnings of 38 cents per share. Wall Street expected results to range from 21 cents to 48 cents per share.

• Revenue fell 51.8% to $-20.33 million from a year ago; analysts expected $-30.27 million.

• Two Harbors Investment Corp's reported EPS for the quarter was a loss of 89 cents​.

• The company reported a quarterly loss of $92.24 million.

• Two Harbors Investment Corp shares had fallen by 11.9% this quarter and lost 0.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 13.2% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is also "buy"

• Wall Street's median 12-month price target for Two Harbors Investment Corp is $13.50

This summary was machine generated from LSEG data April 28 at 09:52 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)