Rithm (RITM) Surpasses Q4 Earnings and Revenue Estimates

Rithm (RITM) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.51 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.43 per share when it actually produced earnings of $0.54, delivering a surprise of 25.58%.Over the last four quarters, t ...