New Residential Investment (NRZ) Tops Q4 EPS by 2c

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New Residential Announces Fourth Quarter & Full Year 2018 Results

February 12, 2019 6:55 AM EST

NEW YORK--(BUSINESS WIRE)-- New Residential Investment Corp. (NYSE: NRZ; New Residential or the Company) today reported the following information for the fourth quarter and full year ended December 31, 2018:

FOURTH QUARTER FINANCIAL HIGHLIGHTS:

GAAP Net Income of $0.3 million, or $0.00 per diluted share Core Earnings of $208 million, or $0.58 per diluted share* Common dividend of $185 million, or $0.50 per share

FULL YEAR 2018 FINANCIAL HIGHLIGHTS:

GAAP Net Income of $964 million, or $2.81 per diluted share Core Earnings of $815 million, or $2.38 per diluted share* Common dividend of $693 million, or $2.00 per share

4Q 2018... More