Rithm Capital Q3 adjusted EPS beats estimates
RITM•Rithm Capital reported Q3 adjusted EPS of $0.55, above the $0.50 analyst consensus. Net income was $217.1 million, and Genesis Capital origination volume rose 25% year over year to $1.5 billion.
1. Quarterly results
Rithm Capital’s Q3 adjusted EPS was $0.55, beating the $0.50 consensus estimate from 10 analysts. GAAP EPS was $0.38, net income was $217.1 million, and the company declared a $0.25 dividend.
2. Business activity
The company said its asset management platform received $569 million in gross new capital and fund commitment inflows during Q3. Genesis Capital’s residential transitional lending originations increased 25% year over year to $1.5 billion, while new sponsors funded rose 74%.
3. Leasing and outlook
Elecor Properties had leased 1.0 million square feet year to date, with rents across its portfolio 22% higher than in fiscal 2025. The company provided no specific financial guidance for current or future periods in its press release.
