ST. LOUIS PARK, Minn. (AP) — ST. LOUIS PARK, Minn. (AP) — Two Harbors Investments Corp. (TWO) on Monday reported a loss of $238.5 million in its third quarter.
On a per-share basis, the St. Louis Park, Minnesota-based company said it had a loss of $2.42. Earnings, adjusted for non-recurring costs, came to 13 cents per share.
The real estate investment trust that invests in mortgage-backed securities posted revenue of $112.6 million in the period. Its adjusted revenue was -$42.3 million.
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