Rithm Capital reports Q3 non-GAAP EPS 54c, consensus 42c

Reports Q3 revenue $619.51M, consensus $469.08M. Book value per common share of $12.31. “Rithm had another terrific quarter in Q3 with the entire business demonstrating both operational resilience and earnings durability, which are increasingly the hallmarks of our well-balanced model,” said CEO Michael Nierenberg. “Our core businesses are consistently creating value for shareholders through earnings, which is either distributed as dividends or reinvested back into compounding our growth, diversifying earnings and positioning the business for future success to benefit our shareholders and LPs alike.”