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RPT — Rithm Property Trust News Story

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Rithm Property Trust Inc reports results for the quarter ended June 30 - Earnings Summary

Rithm Property Trust Inc RPT.N reported quarterly adjusted earnings of 1 cent​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -32 cents.  The mean expectation of three analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from zero cents to 2 cents per share.

Revenue rose 147% to $4.21 million from a year ago; analysts expected $5.34 million.

Rithm Property Trust Inc's reported EPS for the quarter was 1 cent​.

The company reported quarterly net income of $612 thousand.

Rithm Property Trust Inc shares had held steady so far this quarter and lost 9.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 75% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

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 $4.00, about 33.3% above its last closing price of $2.67

This summary was machine generated from LSEG data July 24 at 09:01 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.010.01Met
Mar. 31 20250.02-0.08Missed
Dec. 31 2024-0.270.06Beat
Sep. 30 2024-0.38-0.18Beat

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