Redwood Trust (RWT) reported quarterly earnings of $0.18 per share, missing the consensus estimate of $0.19 per share. This is compared to earnings of $0.13 per share a year ago. The company has only surpassed EPS estimates once in the last four quarters.

Revenues for Redwood Trust were $13.8 million for the quarter, missing estimates by 57.65%. The stock has dropped 7% this year. The future movement of the stock will depend on the company’s commentary on the earnings call and management’s outlook for future earnings.

Investors are wondering what’s next for Redwood Trust. The company’s earnings outlook and estimate revisions will play a crucial role in determining its future performance. The Zacks Rank currently designates Redwood Trust as a #1 (Strong Buy) stock, indicating expectations of market outperformance in the near future.

Angel Oak Mortgage (AOMR) is set to release its quarterly results on August 5th. The company is expected to report earnings of $0.27 per share, up 400% year-over-year. Revenue is expected to reach $36.16 million, a 39.6% increase from the previous year.

For those considering investing in Redwood Trust, Zacks Investment Research offers insight into the company and the industry. The Zacks Rank stock-rating system has a strong track record of outperforming the S&P 500. Investors can access a free report on the 7 best stocks to buy for the next 30 days from Zacks Investment Research.

Read more at Nasdaq: Redwood Trust (RWT) Q2 Earnings and Revenues Miss Estimates