Rithm Capital Shares Rise After Q1 Beat-February 2024-www.financetom.com

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Rithm Capital Shares Rise After Q1 Beat

Apr 30, 2024 8:00 AM

10:43 AM EDT, 04/30/2024 (MT Newswires) -- Rithm Capital ( RITM ) shares were up 1.3% in recent Tuesday trading after the company's Q1 results beat analysts' estimates.

The company reported Q1 earnings earlier Tuesday of $0.54 per diluted share.

Analysts surveyed by Capital IQ expected $0.30.

Revenue for the quarter ended March 31 was $1.29 billion.

Analysts surveyed by Capital IQ expected $1.03 billion.

Comparable figures for the prior-year quarter were not available.

Price: 11.36, Change: +0.14, Percent Change: +1.20

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