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

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