earnings
confidence high
sentiment positive
materiality 0.70
Rithm Capital Q2 GAAP net income $213.2M ($0.43/diluted); EAD $0.47/share
Rithm Capital Corp.
2024-Q2 EPS reported
$0.97
revenue$2,490,025,000
- GAAP net income $213.2M, diluted EPS $0.43; Earnings Available for Distribution $231.1M, $0.47/share.
- Common dividend held at $0.25/share; book value per share $12.39.
- MSR portfolio UPB $645B; Newrez origination $14.6B (+35% QoQ, +47% YoY).
- Closed Computershare mortgage services/SLS acquisition for $708M cash on May 1, 2024.
- Sculptor AUM ~$32B; closed two CLOs totaling ~$780M AUM in Q2.