Two Harbors Inv Q4 2023 Adj EPS $(0.11) Misses $(0.06) Estimate
Portfolio Pulse from Benzinga Newsdesk
Two Harbors Investment Corp. reported an adjusted EPS of $(0.11) for Q4 2023, which missed the estimated EPS of $(0.06).
January 29, 2024 | 9:23 pm
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NEGATIVE IMPACT
Two Harbors Investment Corp. (TWO) reported a larger than expected loss per share for Q4 2023, missing the consensus estimate.
Earnings misses typically result in negative investor sentiment and can lead to a decrease in stock price in the short term. As the reported EPS was significantly lower than expected, this could have a negative impact on TWO's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100