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Dec 31, 2023
NRZ Q4 2023 Earnings Report
Rithm Capital reported a net loss and earnings available for distribution, completed the acquisition of Sculptor Capital, and continued to execute its growth strategy.
Key Takeaways
Rithm Capital Corp. reported a GAAP net loss of ($87.5) million, or ($0.18) per diluted common share, and earnings available for distribution of $247.4 million, or $0.51 per diluted common share for the fourth quarter ended December 31, 2023. The company closed its acquisition of Sculptor Capital and continued to focus on its transformation into a global asset manager.
GAAP net loss of ($87.5) million, or ($0.18) per diluted common share.
Earnings available for distribution of $247.4 million, or $0.51 per diluted common share.
Completed acquisition of Sculptor Capital Management.
MSR portfolio totaled $590 billion in unpaid principal balance.
Revenue by Segment
Forward Guidance
Rithm Capital anticipates closing the acquisition of Specialized Loan Servicing in Q1 2024, subject to customary closing conditions and approvals.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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