Ready Capital Corp. (RC) Misses Q1 EPS by 8c

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Go back to Ready Capital Corp. (RC) Misses Q1 EPS by 8c

Ready Capital Corporation Announces First Quarter 2019 Results

May 8, 2019 5:25 PM EDT

NEW YORK, May 8, 2019 /PRNewswire/ -- Ready Capital Corporation ("Ready Capital" or the "Company") (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services small- to medium-sized balance commercial loans, today reported financial results for the quarter ended March 31, 2019. A summary of Ready Capital's operating results for the quarter ended March 31, 2019 is presented below. Ready Capital reported U.S. GAAP Net Income for the three months ended March 31, 2019 of $30.5 million, or $0.90 per share of common stock, and Core Earnings (a non-GAAP financial measure) of $11.3 million, or $0.34... More