Ready Capital (RC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended June 2024, Ready Capital (RC) reported revenue of $50.95 million, down 15.6% over the same period last year. EPS came in at$ 0.07, compared to $0.35 in the year-ago quarter. The reported revenue represents a surprise of -17.51% over the Zacks Consensus Estimate of$ 61.77 million. With the consensus EPS estimate being $0.26, the EPS surprise was -73.08%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...