earnings
confidence high
sentiment positive
materiality 0.85
Rithm Q2 GAAP net income $357M ($0.74/sh), announces $639M Sculptor acquisition
Rithm Capital Corp.
2023-Q2 EPS reported
$0.88
revenue$1,821,619,000
- GAAP net income $357.4M ($0.74 diluted EPS); earnings available for distribution $297.9M ($0.62).
- Book value per share $12.16; common dividend $0.25/share unchanged.
- Acquired $1.4B prime consumer loan portfolio from Goldman Sachs; also 371 SFR units.
- Announced acquisition of Sculptor Capital Management for ~$639M ($11.15/Class A share); closing targeted Q4 2023.