Rithm Capital Q3 2024 Adj. EPS $0.54 Beats $0.42 Estimate, Sales $550.732M Beat $469.081M Estimate
Portfolio Pulse from Benzinga Newsdesk
Rithm Capital reported Q3 2024 earnings of $0.54 per share, surpassing the $0.42 estimate, despite a 6.9% decrease from last year. Sales reached $550.732M, exceeding the $469.081M estimate and marking a 15.55% increase from the previous year.
October 29, 2024 | 10:48 am
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Rithm Capital's Q3 2024 earnings per share of $0.54 exceeded expectations by 28.57%, despite a year-over-year decline. Sales also surpassed estimates, growing by 15.55% from last year.
Rithm Capital's earnings and sales both exceeded analyst expectations significantly, which is likely to positively impact the stock price in the short term. The beat on both EPS and sales suggests strong operational performance, despite a slight year-over-year decline in EPS.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100