New Residential Investment (NRZ) Tops Q1 EPS by 65c

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Go back to New Residential Investment (NRZ) Tops Q1 EPS by 65c

New Residential Investment Corp. Announces First Quarter 2020 Results

May 5, 2020 6:45 AM EDT

NEW YORK--(BUSINESS WIRE)-- New Residential Investment Corp. (NYSE: NRZ; New Residential or the Company) today reported the following information for the first quarter ended March 31, 2020:

FIRST QUARTER 2020 FINANCIAL HIGHLIGHTS:

GAAP Net Loss of ($1,602.3) million, or ($3.86) per diluted common share(1) Core Earnings of $198.4 million, or $0.48 per diluted common share(1)(2) Common Dividend of $20.8 million, or $0.05 per common share(1) Book Value per common share of $10.71(1) $360.5 million of cash as of March 31, 2020

 

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