Rithm Capital Corp expected to post earnings of 42 cents a share - Earnings Preview

Reuters
25 Oct 2024

* Rithm Capital Corp is expected to show a fall in quarterly revenue when it reports results on October 29 for the period ending September 30 2024

* The New York City-based company is expected to report a 1.6% decrease in revenue to $469.081 million from $476.61 million a year ago, according to the mean estimate from 8 analysts, based on LSEG data. (SAL is on Interest income basis)

* ​LSEG's mean analyst estimate for Rithm Capital Corp is for earnings of 42 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 1 "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 $13.00​, above​ its last closing price of $10.57. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 0.42 0.42 0.47 Beat 11

Mar. 31 2024 0.37 0.37 0.48 Beat 28.7

Dec. 31 2023 0.38 0.38 0.51 Beat 34.9​

Sep. 30 2023 0.37 0.39 0.58 Beat 50

​​Jun. 0.35 0.35 0.62 Beat 74.9

30 2023

Mar. 31 2023 0.32 0.32 0.35 Beat 8.1​

Jan. 1 0001 0.29 0.30 0.33 Beat 10

Sep. 30 2022 0.28 0.29 0.32 Beat 9.6

This summary was machine generated October 25 at 13:12 GMT. 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)

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