Ready Capital Corp. (RC) Misses Q4 EPS by 7c

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Go back to Ready Capital Corp. (RC) Misses Q4 EPS by 7c

Ready Capital Corporation Announces Fourth Quarter 2018 Results

March 12, 2019 4:31 PM EDT

NEW YORK, March 12, 2019 /PRNewswire/ -- Ready Capital Corporation ("Ready Capital" or the "Company") (NYSE: RC) today reported financial results for the quarter ended December 31, 2018.   

Fourth Quarter Highlights:

U.S. GAAP Net Income of $9.5 million, or $0.30 per share of common stock Core Earnings of $11.3 million, or $0.34 per share of common stock Mark-to-market loss on derivative positions resulted in an after-tax reduction in U.S. GAAP Net Income and Core Earnings of $0.12 per share Return on Equity of 6.8% Core Return on Equity of 8.1%... More