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Two Harbors (TWO)
NYSE:TWO
Earnings Data
Report Date
Jul 30, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.38Last Year’s EPS
0.17Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 28, 2025
|% Change Since: -1.08%
|Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a balanced outlook with positive economic returns and book value growth. However, challenges such as increased operating expenses, market volatility, and limited recapture opportunities offset some achievements.Company Guidance
In Two's first quarter 2025 earnings call, the company reported a total economic return of 4.4%, with RMBS and MSR contributing positively to these results. The interest rates for 2-year and 10-year U.S. Treasury notes decreased by 36 basis points, ending the quarter at 3.88% and 4.21%, respectively. The company's book value increased to $14.66 per share, up from $14.47 at the end of 2024, with a common stock dividend of $0.45, resulting in a positive quarterly economic return of 4.4%. Comprehensive income for the quarter was $64.9 million or $0.62 per weighted average common share. Two's economic debt-to-equity ratio decreased to 6.2 times, with a portfolio of $14.6 billion, including $11.6 billion in settled positions and $3 billion in TBAs. The static return estimate was projected between 9.1% to 14.7%, considering the current portfolio allocations and leverage adjustments.Positive Economic Return
Generated a total economic return of 4.4% for the first quarter, with both RMBS and MSR contributing positively.
Book Value Increase
Book value increased to $14.66 per share at March 31 from $14.47 on December 31, resulting in a positive 4.4% quarterly economic return.
Comprehensive Income Growth
Generated comprehensive income of $64.9 million or $0.62 per weighted average common share in the first quarter.
Stable MBS Funding
MBS funding markets remained stable with repurchase spreads normalizing at SOFR plus around 20 basis points.
Strategic Portfolio Management
Decreased mortgage exposure by 30% and reduced leverage to manage risk effectively.
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TWO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TWO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 28, 2025 | $12.00 | $12.42 | +3.50% |
| Jan 29, 2025 | $11.36 | $12.12 | +6.69% |
| Oct 28, 2024 | $11.90 | $11.12 | -6.55% |
| Jul 30, 2024 | $12.38 | $12.10 | -2.26% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Two Harbors (TWO) report earnings?
Two Harbors (TWO) is schdueled to report earning on Jul 30, 2025, TBA Not Confirmed.
What is Two Harbors (TWO) earnings time?
Two Harbors (TWO) earnings time is at Jul 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TWO EPS forecast?
TWO EPS forecast for the fiscal quarter 2025 (Q2) is 0.38.
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