Rithm Capital reports Q4 non GAAP EPS 51c, consensus 38c

Reports Q4 revenue $626.79M, consensus $446.41M. Reports Q4 Book value per common share of $11.90, “Over the course of 2023, we executed on our growth strategy to accelerate Rithm’s transformation and position the business for long-term success,” said Michael Nierenberg, Chairman, CEO and President of Rithm Capital. “We are proud to have closed our acquisition of Sculptor Capital in the Q4, a significant milestone for our firm and a critical next step in Rithm’s evolution into a global asset manager focused on real estate, credit and financial services. Our diversified platform positions Rithm to continue to capitalize on dislocation across financial markets. I look forward to working with our growing team to take advantage of the opportunities ahead.”