Ready Capital (RC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
RCReady Capital (RC) ZACKS·2024-08-08 09:30

For the quarter ended June 2024, Ready Capital (RC) reported revenue of 50.95million,down15.650.95 million, down 15.6% over the same period last year. EPS came in at 0.07, compared to 0.35intheyear−agoquarter.Thereportedrevenuerepresentsasurpriseof−17.510.35 in the year-ago quarter.The reported revenue represents a surprise of -17.51% over the Zacks Consensus Estimate of 61.77 million. With the consensus EPS estimate being $0.26, the EPS surprise was -73.08%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...