Redwood Trust (RWT) Reports Q3 Earnings: What Key Metrics Have to Say

Redwood Trust reported $40.6 million in revenue for Q3 2026, up 170.7% year-over-year and beating consensus estimates by 8.95%. However, EPS of $0.18 missed expectations of $0.22 by 18.18%. Key metrics showed significant underperformance, particularly in non-interest income categories, with total non-interest income at -$27.7 million versus the $57.48 million estimate. The stock has underperformed the broader market and carries a Zacks Rank #5 (Strong Sell) rating.