Ready Capital Corp. (RC) Tops Q4 EPS by 2c

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Go back to Ready Capital Corp. (RC) Tops Q4 EPS by 2c

Ready Capital Corporation Announces Fourth Quarter 2019 Results

March 11, 2020 4:39 PM EDT

NEW YORK, March 11, 2020 /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 balance commercial loans, today reported financial results for the quarter ended December 31, 2019. A summary of Ready Capital's operating results for the quarter ended December 31, 2019 is presented below. Ready Capital reported U.S. GAAP Net Income for the three months ended December 31, 2019 of $20.9 million, or $0.43 per share of common stock, and Core Earnings (a non-GAAP financial measure) of $21.0 million, or $0.43... More