Rithm Capital's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Rithm Capital (NYSE:RITM) is anticipated to report a quarterly EPS of $0.38 on February 7, 2024. Historical data shows mixed reactions to past earnings, with the last quarter beating estimates but resulting in a slight share price drop. Shares have risen 11.54% over the last year, indicating positive sentiment among long-term investors.
February 06, 2024 | 3:01 pm
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NEUTRAL IMPACT
Rithm Capital is expected to report a quarterly EPS of $0.38, with past earnings beating estimates but sometimes leading to a slight drop in share price. The stock has gained 11.54% over the past year, indicating positive investor sentiment.
Rithm Capital's upcoming earnings report is crucial, given its history of beating EPS estimates but experiencing mixed share price reactions. The expected EPS of $0.38 and the company's positive yearly growth suggest a cautiously optimistic outlook. However, the market's focus on guidance over actual earnings and the mixed historical price reactions post-earnings call for a neutral short-term impact score.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100