Ready Capital Corp. (RC) Misses Q1 EPS by 12c

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Go back to Ready Capital Corp. (RC) Misses Q1 EPS by 12c

Ready Capital Corporation Reports First Quarter 2023 Results

May 8, 2023 4:31 PM EDT

- GAAP EARNINGS PER COMMON SHARE OF $0.30 -- DISTRIBUTABLE EARNINGS PER COMMON SHARE OF $0.31 -- DISTRIBUTABLE RETURN ON AVERAGE STOCKHOLDERS EQUITY OF 8.5% -

NEW YORK, May 08, 2023 (GLOBE NEWSWIRE) -- 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 March 31, 2023.

Our lower-to-middle market multi-family focus provides safety from many of the secular and cyclical changes currently affecting the broader commercial real estate... More