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Here's What Key Metrics Tell Us About Ready Capital (RC) Q3 Earnings
RCReady Capital (RC) ZACKS·2024-11-08 01:31

Ready Capital (RC) reported 50.97millioninrevenueforthequarterendedSeptember2024,representingayearoveryeardeclineof13.650.97 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 13.6%. EPS of 0.25 for the same period compares to 0.28ayearago.Thereportedrevenuerepresentsasurpriseof15.280.28 a year ago.The reported revenue represents a surprise of -15.28% over the Zacks Consensus Estimate of 60.16 million. With the consensus EPS estimate being $0.23, the EPS surprise was +8.70%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall S ...