Real estate asset manager Rithm Capital (NYSE:RITM) will be reporting earnings before the market opens. Last quarter, the company missed revenue expectations by 35.1%, reporting revenues of $565.8 million, down 31.9% year on year. Analysts are expecting revenue to grow 3.5% year on year to $794.7 million this quarter, with adjusted earnings of $0.52 per share. The majority of analysts are reconfirming their estimates, anticipating the business to stay the course. In the thrifts & mortgage finance segment, peers like PennyMac Financial Services and Ladder Capital have reported results, providing insights into the industry. Investors are showing positive sentiment in the segment, with share prices up 4% on average over the last month. Rithm Capital is up 7.1% during the same time.

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