Rithm Property Trust Q4 GAAP net income $2.9M ($0.06/sh) vs Q3 loss of $8.0M

Rithm Property Trust Inc.

2024-FY EPS reported -$2.29

GAAP net income $2.9M ($0.06 diluted) compared to net loss $8.0M (-$0.18) in Q3 2024.
Earnings available for distribution (non-GAAP) $0.3M ($0.01/sh), improved from -$5.4M in Q3.
Book value per share $5.44 at Dec 31, 2024, vs $5.47 at Sep 30, 2024.
Paid common dividend $0.06 per share ($2.8M) in Q4, unchanged from prior quarter.

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