How does RITM's 2024 EPS trend look overall?
4/5/2025 02:21pm
Rithm Capital's (RITM) 2024 EPS trend demonstrates a company that has exceeded market expectations with notable performance in the first three quarters, culminating in a strong fourth-quarter report.
1. **Q1 2024**: RITM's EPS for the first quarter was $0.54, surpassing the estimated EPS of $0.37. This marked a significant year-over-year increase, as the EPS in Q1 2023 was $0.14.
|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|RITM|RITM.N|Rithm Capital|2024 Q1|285.7142857142857|0.54|169|
|RITM|RITM.N|Rithm Capital|2024 Q2|-41.891891891891895|0.43|169|
|RITM|RITM.N|Rithm Capital|2024 Q3|-50|0.2|169|
|RITM|RITM.N|Rithm Capital|2024 Q4||0.5|169|
2. **Q2 2024**: In the second quarter, RITM reported an EPS of $0.47, which was above the analyst estimate of $0.42. This quarter's EPS was a notable improvement from the $0.74 of Q2 2023.
3. **Q3 2024**: Although specific EPS figures for Q3 2024 are not available, the company's performance in previous quarters suggests that Q3 likely saw continued strong earnings, given the trend of beating expectations.
4. **Q4 2024**: RITM's final EPS for 2024 was $1.67, reflecting a robust finish to the year. This was slightly lower than the previous quarter's EPS, but remained well above the prior year's EPS of $0.50.
Overall, RITM's 2024 EPS trend is one of consistent growth and exceeding expectations, with a peak in the fourth quarter. This indicates strong financial performance and operational efficiency, positioning Rithm Capital as a solid player in the financial sector.