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New Residential investors look to earnings call for Ocwen discussion

Published 05/01/2017, 07:32 AM
© Reuters.  New Residential investors look to earnings call for Ocwen discussion
RITM
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  • Q1 core earnings of $155M or $0.54 per share vs. $155M and $0.62 in Q4. Dividend of $148M or $0.48 per share. EPS was lower thanks to February's sizable equity offering associated with the purchase of more MSRs.
  • Earnings call at 8 ET at which management for the first time should be commenting on the events surrounding Ocwen Financial.
  • NRZ flat premarket
  • Previously: New Residential Investment beats by $0.01, beats on revenue (May 1)
  • Now read: New Residential: The Most-Loved mREIT


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