Rithm Capital Q1 Earnings Beat Estimates, Stock Up 12.2%
Shares of Rithm Capital Corp. (RITM) have risen 12.2% since the company reported strong first-quarter results on April 25. The better-than-expected earnings benefited from growth in core operating businesses. However, the decline in net servicing revenues and higher expenses partially offset the upsides.RITM reported first-quarter 2025 adjusted earnings of 52 cents per share, which outpaced the Zacks Consensus Estimate by 15.6%. The bottom line rose 8.3% year over year.Revenues amounted to almost $768.4 mil ...