Ready Capital Corporation Announces First Quarter 2020 Results

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Ready Capital Corp. (RC) Misses Q1 EPS by 36c

May 11, 2020 6:05 AM EDT

Ready Capital Corp. (NYSE: RC) reported Q1 EPS of $0.01, $0.36 worse than the analyst estimate of $0.37.

First Quarter Results:

U.S. GAAP Net loss of $51.5 million, or $0.98 per diluted share of common stockCore Earnings of $1.2 million, or $0.01 per diluted share of common stockAdjusted net book value of $14.52 per share of common stock as of March 31,... More