Rithm Property Trust Inc reports results for the quarter ended December 31 - Earnings Summary

Rithm Property Trust

30/01/2025 14:32

* Rithm Property Trust Inc  RPT.N  reported quarterly
adjusted
earnings of 6 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of -86 cents.  The mean expectation of
three analysts for the quarter was for a loss of 27 cents per
share. Wall Street expected results to range from -77 cents
to -1 cents per share.
    * Revenue rose 144.7% to $3.63 million from a year ago;
analysts
expected $3.59 million. 
    * Rithm Property Trust Inc's reported EPS for the quarter
was 6
cents​.
    * The company reported quarterly net income of $2.91
million.
    * Rithm Property Trust Inc shares had fallen by 3.7% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 29.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the commercial
reits
peer group is also "buy"

Wall Street's median 12-month price target for Rithm Property
Trust Inc is $4.50 
This summary was machine generated from LSEG data January 30 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      -0.27          0.06           Beat
 Sep. 30 2024      -0.38          -0.18          Beat
 Jun. 30 2024      -0.15          -0.32          Missed
 Mar. 31 2024      0.02           -2.41          Missed