Core Insights - Rithm (RITM) is expected to report quarterly earnings of $0.47 per share, reflecting a decline of 2.1% year over year, with revenues forecasted at $1.14 billion, a decrease of 11.7% compared to the previous year [1] - The consensus EPS estimate has been revised upward by 3.2% in the last 30 days, indicating analysts' reassessment of their initial projections [1][2] Revenue Estimates - Analysts predict 'Revenues- Interest income' to reach $528.58 million, showing an increase of 17.9% from the prior-year quarter [4] - The estimate for 'Revenues- Gain on originated residential mortgage loans, held-for-sale, net' is $174.49 million, indicating a growth of 16.7% year over year [4] - 'Revenues- Other revenues' is expected to be $43.11 million, reflecting a decline of 26.1% from the previous year [5] - 'Revenues- Asset management revenues' is estimated at $80.93 million, suggesting a year-over-year increase of 6.7% [5] - The consensus for 'Revenues- Servicing revenue, net' stands at $313.37 million, indicating a significant decrease of 43.5% from the prior-year quarter [5] Stock Performance - Over the past month, Rithm shares have declined by 15.4%, compared to a decrease of 8.9% in the Zacks S&P 500 composite [6] - Rithm currently holds a Zacks Rank 2 (Buy), suggesting potential outperformance in the near future [6]

Financial Performance - NVR, Inc. reported a net income of $299.6 million for Q1 2025, a decrease of 24% from $394.3 million in Q1 2024. Diluted earnings per share fell by 19% to $94.83 from $116.41 [1] - Consolidated revenues for Q1 2025 were $2.40 billion, reflecting a 3% increase from $2.33 billion in Q1 2024 [1] Homebuilding Segment - New orders in Q1 2025 decreased by 12% to 5,345 units compared to 6,049 units in Q1 2024. The average sales price of new orders was $448,500, down 1% from the previous year [2] - The cancellation rate for new orders rose to 16% in Q1 2025 from 13% in Q1 2024 [2] - Settlements increased by 1% to 5,133 units in Q1 2025, with an average settlement price of $457,900, up 2% from Q1 2024 [2][3] - Homebuilding revenues were $2.35 billion in Q1 2025, a 3% increase from $2.29 billion in Q1 2024. However, the gross profit margin decreased to 21.9% from 24.5% due to higher lot costs and pricing pressures [3] Mortgage Banking Segment - Mortgage closed loan production in Q1 2025 totaled $1.43 billion, an increase of 4% compared to $1.38 billion in Q1 2024 [4] - Income before tax from the mortgage banking segment rose by 12% to $32.5 million in Q1 2025 from $29.0 million in Q1 2024 [4] Tax Rate - The effective tax rate for Q1 2025 was 25.5%, up from 16.2% in Q1 2024, primarily due to a lower income tax benefit recognized for excess tax benefits from stock option exercises [5] Company Overview - NVR, Inc. operates in two segments: homebuilding and mortgage banking, with operations in thirty-six metropolitan areas across sixteen states and Washington, D.C. [6]