Two Harbors Investments: Q1 Earnings Snapshot
ST. LOUIS PARK, Minn. (AP) — ST. LOUIS PARK, Minn. (AP) — Two Harbors Investments Corp. (TWO) on Monday reported net income of $203.6 million in its first quarter.
On a per-share basis, the St. Louis Park, Minnesota-based company said it had net income of $1.73. Earnings, adjusted for non-recurring gains, came to 5 cents per share.
The real estate investment trust that invests in mortgage-backed securities posted revenue of $117.8 million in the period. Its adjusted revenue was -$42.2 million.
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