Ready Capital (RC) Reports Break-Even Earnings for Q1

Ready Capital (RC) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.12. This compares to earnings of$0.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.21 per share when it actually produced earnings of$0.23, delivering a surprise of 9.52%.Over the last four quarters, the company ...