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RITM

Rithm Capital Corp

$10.85

Earnings Summary

Revenue
$1127.63Mn
Net Profits
$235.56Mn
Net Profit Margins
20.89%
PE Ratio
8.95

Highlights

Revenue:

Rithm Capital Corp’s revenue jumped 38.47% since last year same period to $1127.63Mn in the Q2 2024. On a quarterly growth basis, Rithm Capital Corp has generated 103.4% jump in its revenue since last 3-months.

Net Profits:

Rithm Capital Corp’s net profit fell -37.98% since last year same period to $235.56Mn in the Q2 2024. On a quarterly growth basis, Rithm Capital Corp has generated -17.07% fall in its net profits since last 3-months.

Net Profit Margins:

Rithm Capital Corp’s net profit margin fell -55.21% since last year same period to 20.89% in the Q2 2024. On a quarterly growth basis, Rithm Capital Corp has generated -59.23% fall in its net profit margins since last 3-months.

PE Ratio:

Rithm Capital Corp’s price-to-earnings ratio after this Q2 2024 earnings stands at 8.95.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Rithm Capital Corp post its latest quarter earnings

EPS Estimate Current Quarter
0.43
EPS Estimate Current Year
0.43

Highlights

EPS Estimate Current Quarter:

Rithm Capital Corp’s earning per share (EPS) estimates for the current quarter stand at 0.43 - a 2.38% jump from last quarter’s estimates.

EPS Estimate Current Year:

Rithm Capital Corp’s earning per share (EPS) estimates for the current year stand at 0.43.

Key Ratios

Key ratios of the Rithm Capital Corp post its Q2 2024 earnings

Earning Per Share (EPS)
0.47
Return on Assets (ROA)
0.02
Return on Equity (ROE)
0.09

Highlights

Earning Per Share (EPS):

Rithm Capital Corp’s earning per share (EPS) fell -24.19% since last year same period to 0.47 in the Q2 2024. This indicates that the Rithm Capital Corp has generated -24.19% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Rithm Capital Corp’s return on assets (ROA) stands at 0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Rithm Capital Corp’s return on equity (ROE) stands at 0.09.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-08-12
0.42
0.47
11.9%
2024-05-03
0.37
0.48
29.73%

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