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Two Harbors Investment Corp (NYSE:TWO)
Non-Recurring Items
$66.5 Mil (TTM As of Sep. 2014)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Two Harbors Investment Corp's non-recurring items for the three months ended in Sep. 2014 was $111.7 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Sep. 2014 was $66.5 Mil.

As of today, Two Harbors Investment Corp's share price is $10.28. Two Harbors Investment Corp's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Sep. 2014 was $1.21. Therefore, Two Harbors Investment Corp's P/E (NRI) ratio for today is 8.50.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Two Harbors Investment Corp Non-Recurring Items for the trailing twelve months (TTM) ended in Sep. 2014 was 163.683 (Dec. 2013 ) + -143.422 (Mar. 2014 ) + -65.432 (Jun. 2014 ) + 111.697 (Sep. 2014 ) = $66.5 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Two Harbors Investment Corp's P/E (NRI) Ratio for today is calculated as

Two Harbors Investment Corp's Share Price of today is $10.28.
Two Harbors Investment Corp's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Sep. 2014 was 0.65 (Dec. 2013 ) + -0.08 (Mar. 2014 ) + 0.11 (Jun. 2014 ) + 0.53 (Sep. 2014 ) = $1.21.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Two Harbors Investment Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Non Operating Income 0.00.00.01.54.40.313.363.3-75.9292.8

Two Harbors Investment Corp Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Non Operating Income -66.7-69.875.749.9338.2-258.7163.7-143.4-65.4111.7
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