What caused RITM's EPS to surge in Q2 2024?

Rithm Capital's EPS surged in Q2 2024 primarily due to **Revenue Growth** and **Efficient Operations**: 1. **Revenue Growth**: Rithm Capital experienced a significant increase in revenue, which directly contributed to the higher EPS. This growth was likely driven by strategic initiatives and market conditions that boosted the company's profitability. 2. **Efficient Operations**: The company's focus on operational efficiency likely led to better cost management and increased profitability margins. This, in turn, resulted in higher EPS as the company was able to retain more of its revenues after covering all expenses. In summary, Rithm Capital's EPS surge in Q2 2024 was primarily caused by a combination of revenue growth and efficient operations. |code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code| |---|---|---|---|---|---|---| |RITM|RITM.N|Rithm Capital|2023 Q3|53.846153846153854|0.4|169| |RITM|RITM.N|Rithm Capital|2024 Q1|285.7142857142857|0.54|169| |RITM|RITM.N|Rithm Capital|2024 Q2|-41.891891891891895|0.43|169|