Rithm Capital Corp. recently released its financial results, highlighting the company's performance in the latest period. The company reported a notable variation in its earnings available for distribution, a key measure used by management to evaluate performance. This measure, which excludes certain realized and unrealized gains and losses, non-capitalized transaction-related expenses, and deferred taxes, is intended to reflect the company's core operational capability to generate income for distribution to common stockholders. The company emphasized that earnings available for distribution should not be viewed as a replacement for net income or cash flows from operating activities, as determined under GAAP. Rithm Capital Corp. uses this measure to assess its portfolio's income-generating ability and to inform resource allocation decisions. No specific outlook or guidance figures were provided in the release. However, the company reiterated its commitment to maintaining its REIT status by distributing at least 90% of its REIT taxable income annually.