Scott Kennedy’s mREIT + BDC Earnings Series: Assessing Rithm Capital’s And Sixth Street Specialty Lending’s Performance For Q2 2024
Summary
This earnings assessment article reviews RITM’s and TSLX’s BV/NAV and core earnings/EAD/adjusted NII performance during Q2 2024 and compares results to expectations. Earnings remain a driver to stock performance.
RITM’s BV and adjusted core earnings/EAD matched my/our expectations (well within range). RITM’s BV slightly increased while the company…