Rithm (RITM) Tops Q2 Earnings and Revenue Estimates

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Rithm: mixed. While the magnitude and direction of estimate revisions could change following the company's just-release ...