Two Harbors Inv (NYSE:TWO) is gearing up to announce its quarterly earnings on Monday, 2024-10-28. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Two Harbors Inv will report an earnings per share (EPS) of $0.32.
Anticipation surrounds Two Harbors Inv's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Historical Earnings Performance
During the last quarter, the company reported an EPS missed by $0.20, leading to a 2.25% drop in the share price on the subsequent day.
Here's a look at Two Harbors Inv's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.37 | 0.28 | -0.06 | 0.47 |
| EPS Actual | 0.17 | 0.05 | -0.11 | -0.01 |
| Price Change % | -2.0% | 0.0% | -6.0% | 16.0% |
Performance of Two Harbors Inv Shares
Shares of Two Harbors Inv were trading at $13.04 as of October 24. Over the last 52-week period, shares are up 29.45%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for Two Harbors Inv visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
