TWO HARBORS INVESTMENT CORP (TWO) Earnings History & Surprises
NYSE:TWO • US90187B8046
9.91 USD
-0.15 (-1.49%)
At close: Mar 4, 2026
9.91 USD
0 (0%)
After Hours: 3/4/2026, 8:04:00 PM
Past quarterly earnings results for TWO HARBORS INVESTMENT CORP (TWO), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).
Earnings Snapshot
Next Earnings Date
Release DateApr 27, 2026
PeriodQ1 / 2026
EPS Estimate$0.28
Revenue Estimate-15.403M
Last Reported
Release DateFeb 2, 2026
PeriodQ4 / 2025
EPS Reported$0.26
EPS Surprise -30.43%
Revenue Surprise 7.87%
Beat Rate
19%
EPS and Revenuebeats vs estimates
Quarterly Earnings Results
EPS & Revenue History (USD)
Actual vs estimated values, surprises, q2q growth and acceleration numbers for recent quarters.
| Quarter | EPS | EPS Est | EPS Surprise | EPS Q2Q | Revenue | Revenue Est | Revenue Surprise | Revenue Q2Q |
|---|---|---|---|---|---|---|---|---|
| Q4 2025 | 0.26 | 0.37 | -30.43% | 30.00% | -15.489M | -16.812M | 7.87% | 55.61% |
| Q3 2025 | 0.36 | 0.37 | -1.67% | 176.92% | -23.505M | -24.807M | 5.25% | 44.42% |
| Q2 2025 | 0.28 | 0.37 | -24.05% | 64.71% | -19.619M | -24.465M | 19.81% | 48.71% |
| Q1 2025 | 0.24 | 0.38 | -37.05% | 380.00% | -20.332M | -30.573M | 33.50% | 51.84% |
| Q4 2024 | 0.20 | 0.36 | -44.22% | 281.82% | -34.894M | -26.682M | -30.77% | 23.61% |
| Q3 2024 | 0.13 | 0.34 | -61.58% | 1,400.00% | -42.289M | -34.726M | -21.78% | 14.54% |
| Q2 2024 | 0.17 | 0.32 | -46.57% | 525.00% | -38.254M | -27.037M | -41.49% | 8.48% |
| Q1 2024 | 0.05 | 0.28 | -82.14% | -44.44% | -42.217M | -18.609M | -126.86% | -63.02% |
| Q4 2023 | -0.11 | -0.06 | -95.36% | -142.31% | -45.679M | -17.503M | -160.98% | 53.48% |
| Q3 2023 | -0.01 | 0.43 | -102.35% | -101.56% | -49.486M | -9.417M | -425.48% | -111.64% |
| Q2 2023 | -0.04 | 0.58 | -106.84% | -104.55% | -41.799M | 81.406K | -51,446.34% | -221.86% |
| Q1 2023 | 0.09 | 0.87 | -89.65% | -87.50% | -25.897M | -1.802M | -1,337.25% | -106.46% |
| Q4 2022 | 0.26 | 0.53 | -51.31% | -70.45% | -98.2M | 14.115M | -795.71% | -266.72% |
| Q3 2022 | 0.64 | 0.80 | -19.64% | -33.33% | 425.3M | 23.875M | 1,681.36% | 236.74% |
| Q2 2022 | 0.88 | 0.73 | 21.01% | 15.79% | 34.3M | 31.525M | 8.80% | 149.07% |
| Q1 2022 | 0.72 | 0.79 | -9.27% | 5.88% | 401M | 12.107M | 3,212.13% | 23.38% |
| Q4 2021 | 0.88 | 0.85 | 3.41% | -26.67% | 58.9M | 29.715M | 98.22% | -79.30% |
| Q3 2021 | 0.96 | 0.79 | 21.70% | -14.29% | 126.3M | 29.092M | 334.14% | -10.49% |
| Q2 2021 | 0.76 | 0.79 | -4.02% | 480.00% | -69.9M | 40.735M | -271.60% | -206.07% |
| Q1 2021 | 0.68 | 0.94 | -27.67% | -32.00% | 325M | 53.457M | 507.97% | 120.07% |
| Q4 2020 | 1.20 | 0.94 | 27.12% | - | 284.5M | 60.244M | 372.25% | - |
| Q3 2020 | 1.12 | 0.95 | 17.63% | - | 141.1M | 61.863M | 128.08% | - |
| Q2 2020 | -0.20 | 0.53 | -138.04% | - | 65.9M | 44.94M | 46.64% | - |
| Q1 2020 | 1.00 | 1.05 | -4.43% | - | -1.62B | 51.692M | -3,233.17% | - |
Notes
- EPS and Revenue values are non-GAAP when available, otherwise GAAP.
- Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
- Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
- Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.
Earnings Q2Q Performance Trends
EPS Historical Q2Q growth and Acceleration
Revenue Historical Q2Q growth and Acceleration
Surprise distribution (Last 4 Quarters)
EPS beat statistics
EPS beat (4)
0
Average EPS beat (4)
-26.75%
Max EPS beat (4)
-1.67%
Min EPS beat (4)
-44.22%
Revenue beat statistics
Revenue beat (4)
3
Average Revenue beat (4)
6.94%
Max Revenue beat (4)
33.50%
Min Revenue beat (4)
-30.78%
Analysis
In the last 4 quarters, TWO has not beaten EPS estimates in any release
TWO has beaten revenue estimates in 3 out of the last 4 releases
In the last 4 quarters, TWO reported -26.7% below the EPS estimates on average.
In the last 4 quarters, TWO has beaten the revenue estimates by 6.9% on average.
TWO HARBORS INVESTMENT CORP / TWO Earnings FAQ
Can you provide the last earnings date for TWO HARBORS INVESTMENT CORP?
TWO HARBORS INVESTMENT CORP (TWO) last reported earnings on 2/2/2026.
Did TWO HARBORS INVESTMENT CORP (TWO) beat earnings estimates last quarter?
TWO HARBORS INVESTMENT CORP (TWO) missed EPS estimates and beat revenue estimates in the most recent quarter.
What percentage of the time does TWO stock beat earnings estimates?
In the last 4 quarters, TWO HARBORS INVESTMENT CORP (TWO) has beaten EPS estimates in 0 out of 4 releases.