Rithm Outperforms S&P 500, Analysts Expect EPS of $0.54

Rithm (RITM) closed at $11.99, up 1.78% from the prior day, outpacing the S&P 500's 0.5% gain. The real estate investment trust has gained 5.56% in the past month. Analysts expect Q1 EPS of $0.54, down 10% YoY, and Q1 revenue of $1.37 billion, down 34.89% YoY. For FY22, EPS is projected at $2.14, up 1.9% YoY, and revenue at $4.46 billion, unchanged YoY. The Zacks Rank is #3 (Hold) with a Forward P/E ratio of 5.07, a discount compared to its industry average of 11.81.