Two Harbors Investment

Q2 FY2026 EarningsQ2 FY26 GAAP net income of $62.2M significantly beat the $80.3M consensus (note: consensus likely reflective of prior larger scale), while GAAP EPS of $0.46 missed the $0.76 mean estimate. Revenue (Net Interest Expense) of -$6.0M was slightly better than the -$8.1M consensus, though overall top-line remains pressured by portfolio contraction. The Book Value Per Share (BPS) ended at $10.68, slightly missing the $10.79 expectation, reflecting MSR runoff and dividend impacts amidst an ongoing acquisition process by CCM.