Exploring Analyst Estimates for Rithm (RITM) Q3 Earnings, Beyond Revenue and EPS

Group 1 - Analysts project Rithm (RITM) will announce quarterly earnings of $0.43 per share, a decline of 25.9% year over year, with revenues expected to reach $1.11 billion, an increase of 2.3% from the same quarter last year [1] - There has been a downward revision of 2.8% in the consensus EPS estimate for the quarter over the past 30 days, indicating a collective reassessment by analysts [2] - Revisions to earnings estimates are crucial for predicting potential investor actions, as empirical research shows a strong correlation between earnings estimate trends and short-term stock price performance [3] Group 2 - Analysts estimate 'Revenues- Interest income' at $487.76 million, reflecting a change of +2.3% from the prior-year quarter [5] - 'Revenues- Servicing revenue, net' is projected to be $314.63 million, indicating a decline of -32.1% from the prior-year quarter [5] - 'Revenues- Gain on sale of originated mortgage loans, net' is expected to reach $168.06 million, suggesting a change of +12.6% year over year [6] Group 3 - Over the past month, Rithm shares have recorded returns of -7.4%, while the Zacks S&P 500 composite has changed by +2% [6] - Based on its Zacks Rank 4 (Sell), RITM is likely to underperform the overall market in the upcoming period [6]