Rithm Capital Corp expected to post earnings of 39  cents a share - Earnings Preview

Rithm Capital

24/10/2023 19:35

* Rithm Capital Corp  RITM.N   RITM.K  is expected to show a
rise
in quarterly revenue when it reports  results on October 26. 
    * The New York City-based  company is expected to report  a
42.0% increase in revenue to $388.242 million from $273.38
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Rithm Capital Corp
is for
earnings of 39 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Rithm
Capital
Corp is $12​, above​ its last closing price of $9.02. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.35        0.35       0.62      Beat    74.9
 Mar. 31 2023  0.32        0.32       0.35      Beat    8.1
 Dec. 31 2022  0.29        0.30       0.33      Beat    10​
 Sep. 30 2022  0.28        0.29       0.32      Beat    9.6
 ​​Jun.        0.27        0.30       0.31      Beat    2.1
 30 2022                                                
 Mar. 31 2022  0.35        0.35       0.37      Beat    6​
 Dec. 31 2021  0.41        0.40       0.40      Met     -0.3
 Sep. 30 2021  0.35        0.35       0.44      Beat    26.8
 This summary was machine generated October 24 at 18:34 GMT.  All
figures in US dollars  unless otherwise stated