Two Harbors Investments: 2Q Earnings Snapshot
NEW YORK (AP) _ Two Harbors Investments Corp. (TWO) on Tuesday reported second-quarter earnings of $139.5 million.
On a per-share basis, the New York-based company said it had profit of 68 cents. Earnings, adjusted for non-recurring gains, came to 53 cents per share.
The real estate investment trust that invests in mortgage-backed securities posted revenue of $280.5 million in the period. Its adjusted revenue was $172.1 million.
Two Harbors Investments shares have fallen almost 10 percent since the beginning of the year. The stock has decreased 25 percent in the last 12 months.