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Redwood Trust, Inc. Q1 adjusted earnings Miss Estimates

Below are the earnings highlights for Redwood Trust, Inc. (RWT):

-Earnings: $54 million in Q1 vs. $47 million in the same period last year.
-EPS: $0.49 in Q1 vs. $0.50 in the same period last year.
-Excluding items, Redwood Trust, Inc. reported adjusted earnings of $38 million or $0.36 per share for the period.
-Analysts projected $0.38 per share

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