Rithm (RITM) Reports Q2 Earnings: What Key Metrics Have to Say

Core Insights - Rithm (RITM) reported revenue of $1.22 billion for the quarter ended June 2025, reflecting a 1% decrease year-over-year and a surprise of -2.6% compared to the Zacks Consensus Estimate of $1.25 billion. EPS was $0.54, up from $0.47 in the same quarter last year, exceeding the consensus estimate of $0.51 by +5.88% [1]. Revenue Breakdown - Interest income was reported at $478.46 million, slightly below the estimated $500.01 million, with no change compared to the previous year [4]. - Gain on originated residential mortgage loans, held-for-sale, net was $169.7 million, exceeding the estimate of $196.27 million, showing a year-over-year increase of +10.4% [4]. - Other revenues totaled $54.07 million, surpassing the estimate of $36.43 million, but represented a year-over-year decline of -4.3% [4]. - Asset management revenue was $95.01 million, below the estimated $100.19 million, reflecting a year-over-year decrease of -13.2% [4]. - Servicing revenue, net was reported at $419.81 million, slightly below the estimate of $425.31 million, with a year-over-year change of -2.6% [4]. Stock Performance - Rithm's shares have returned +6.9% over the past month, outperforming the Zacks S&P 500 composite's +4.9% change, and currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3].