secwatch.observer — SEC 8-K summary
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Issuer:     Rithm Capital Corp. (RITM)
CIK:        0001556593
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001556593-22-000047
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rithm Capital Q3 GAAP EPS $0.26, EAD $0.32; acquires 50% stake in Senlac Ridge
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- GAAP net income of $124.5M ($0.26/diluted share) vs Q2 loss of $3.3M.
- Earnings Available for Distribution of $153M ($0.32/share), up from $145.8M in Q2.
- Book value per share of $12.10; common dividend maintained at $0.25/share.
- Mortgage company pre-tax income of $209.8M; MSR portfolio $615B UPB; Q4 origination guided $6-8B.
- Agreement to acquire 50% interest in Senlac Ridge Partners, a CRE investment manager.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1556593/000155659322000047/0001556593-22-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1556593/000155659322000047/ritm-20221102.htm
  HTML page:      https://secwatch.observer/filing/0001556593-22-000047

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