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Sep 30, 2024
NRZ Q3 2024 Earnings Report
Rithm Capital reported a profitable quarter with strong performance in core businesses.
Key Takeaways
Rithm Capital reported a net income of $97.0 million, or $0.20 per diluted common share, and earnings available for distribution of $270.3 million, or $0.54 per diluted common share. The company's core businesses demonstrated operational resilience and earnings durability, contributing to shareholder value through dividends and reinvestments.
GAAP net income was $97.0 million, or $0.20 per diluted common share.
Earnings available for distribution reached $270.3 million, or $0.54 per diluted common share.
The company sold 30 million shares of common stock for gross proceeds of approximately $340 million.
Total Servicing portfolio reached $878 billion unpaid principal balance.
NRZ
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Forward Guidance
The document does not contain forward guidance.