Reports Q2 revenue $1.22B, consensus $1.12B. “Rithm’s second-quarter results reflect our commitment to sustained performance” said Michael Nierenberg, Chief Executive Officer and President of Rithm. “Our diversified platform continues to deliver steady growth across our core operating businesses, including asset management, origination and servicing. We remain focused on delivering long-term value for our investors and shareholders as we expand our asset management capabilities, guided by a disciplined investment approach, positioned to seize compelling opportunities.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RITM:
- Rithm Capital secures financing partnership to find acquisition of loans
- Seeking Up to 15% Dividend Yield? Piper Sandler Suggests 2 Dividend Stocks to Buy
- Buy Rating on Newrez: Strong Earnings and Attractive Valuation Amidst Market Underperformance
- Rithm Capital Closes $500 Million Notes Offering
- Rithm Capital Announces $500M Private Offering Pricing