Rithm Capital Corp reports results for the quarter ended in September - Earnings Summary

Rithm Capital

26/10/2023 14:33

* Rithm Capital Corp  RITM.N  reported quarterly adjusted
earnings
of 58 cents​​ per share for the quarter ended in September. The
mean expectation of ten analysts for the quarter was
for earnings of 39 cents per share.
    * Revenue rose 74.3% to $476.61 million from a year ago;
analysts
expected $388.24 million. 
    * Rithm Capital Corp's reported EPS for the quarter was 40
cents​.
    * The mean earnings estimate of analysts had risen by
about 6.3%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Rithm Capital Corp shares had fallen by 3.7% this
quarter and
gained 9.5% so far this year.
    * The company reported quarterly net income of $193.95
million.
    * Wall Street's median 12-month price target for Rithm
Capital
Corp is $12.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.39           0.58           Beat
 Jun. 30 2023      0.35           0.62           Beat
 Mar. 31 2023      0.32           0.35           Beat
 Dec. 31 2022      0.30           0.33           Beat