Skip to main content

Two Harbors Investments: Q4 Earnings Snapshot

ST. LOUIS PARK, Minn. (AP) — ST. LOUIS PARK, Minn. (AP) — Two Harbors Investments Corp. (TWO) on Monday reported earnings of $11.7 million in its fourth quarter.

On a per-share basis, the St. Louis Park, Minnesota-based company said it had net loss of 2 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 26 cents per share.

The real estate investment trust that invests in mortgage-backed securities posted revenue of $89.9 million in the period. Its adjusted revenue was -$15.5 million.

For the year, the company reported a loss of $454.3 million, or $4.88 per share. Revenue was reported as -$78.9 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TWO at https://www.zacks.com/ap/TWO

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story