New Residential Investment Corp. estimated preliminary earnings and impairment guidance for the fourth quarter and full year ended December 31, 2016. For the fourth quarter of 2016, the company expects GAAP net income to be in the range of $0.87 to $0.91 per diluted share and core earnings to be in the range of $0.59 to $0.63 per diluted share. Net income attributable to common stockholders expected between $219,694,000 to $229,746,000 and core earnings expected between $149,159,000 to $159,211,000.

For the quarter, the company expected impairment of $38,297,000.

For the full year 2016, the company expects GAAP net income to be in the range of $2.09 to $2.13 per diluted share and core earnings to be in the range of $2.12 to $2.16 per diluted share. Net income attributable to common stockholders expected between $498,990,000 to $509,042,000 and core earnings expected between $505,039,000 to $515,091,000.

For the year, the company expected impairment of $87,980,000.