Ready Capital Corp expected to post earnings of 13 cents a share - Earnings Preview

Ready Capital

02/05/2025 23:04

Ready Capital Corp RC.N, RC is expected to show a rise in quarterly revenue when it reports  results on May 8 for the period ending March 31 2025

The New York City-based  company is expected to report a 9.9% increase in revenue to $53.339 million from $48.55 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.

‚ÄčLSEG's mean analyst estimate for Ready Capital Corp is for earnings of 13 cents per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 7 "hold" and 1 "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ‚Äč

Wall Street's median 12-month price target for Ready Capital Corp is $5.50‚Äč, above‚Äč its last closing price of $4.49. ‚Äč‚Äč‚Äč

Previous quarterly performance (using preferred earnings measure in US dollars). ‚Äč

QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.18
0.20
-0.03
Missed
-114.7
Sep. 30 2024
0.19
0.23
-0.28
Missed
-223.1
Jun. 30 2024
0.23
0.24
0.07
Missed
-71.1‚Äč
Mar. 31 2024
0.25
0.26
0.29
Beat
10.6
‚Äč‚ÄčDec. 31 2023
0.30
0.32
0.26
Missed
-18.5
Sep. 30 2023
0.34
0.36
0.28
Missed
-22.5‚Äč
Jun. 30 2023
0.36
0.37
0.35
Missed
-5.4
Mar. 31 2023
0.40
0.41
0.30
Missed
-26.6

This summary was machine generated May 2 at 22:04 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)