ST. LOUIS PARK, Minn. (AP) — ST. LOUIS PARK, Minn. (AP) — Two Harbors Investments Corp. (TWO) on Monday reported profit of $306.2 million in its third quarter.
The St. Louis Park, Minnesota-based company said it had net income of $2.81 per share. Losses, adjusted for non-recurring gains, came to 1 cent per share.
The real estate investment trust that invests in mortgage-backed securities posted revenue of $123.6 million in the period. Its adjusted revenue was -$49.5 million.
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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