Will Rithm (RITM) Beat Estimates Again in Its Next Earnings Report?

Core Insights - Rithm (RITM) is positioned to potentially continue its earnings-beat streak, having a history of surpassing earnings estimates, particularly in the last two quarters with an average surprise of 14.49% [1][3] Earnings Performance - In the last reported quarter, Rithm achieved earnings of $0.47 per share, exceeding the Zacks Consensus Estimate of $0.42 per share, resulting in a surprise of 11.90% [2] - In the previous quarter, Rithm was expected to post earnings of $0.41 per share but delivered $0.48 per share, leading to a surprise of 17.07% [2] Earnings Estimates - There has been a favorable change in earnings estimates for Rithm, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [3][6] - Rithm currently has an Earnings ESP of +2.33%, suggesting that analysts have recently become more optimistic about the company's earnings prospects [6] Predictive Metrics - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [4] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [5]