Ready Capital Corp. (RC) Reports In-Line Q3 EPS

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Ready Capital Corporation Announces Third Quarter 2019 Results

November 6, 2019 4:52 PM EST

NEW YORK, Nov. 6, 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 September 30, 2019. A summary of Ready Capital's operating results for the quarter ended September 30, 2019 is presented below. Ready Capital reported U.S. GAAP Net Income for the three months ended September 30, 2019 of $12.4 million, or $0.27 per share of common stock, and Core Earnings (a non-GAAP financial measure) of $18.2 million, or $0.40... More