Ready Capital Corp expected to post earnings of 2 cents a share - Earnings Preview

Ready Capital

01/08/2025 12:12

Ready Capital Corp RC.N, RC is expected to  show a fall in quarterly revenue when it reports  results on August 5 (estimated) for the period ending June 30 2025

The New York City-based  company is expected to report a 7.8% decrease in revenue to $46.981 million from $50.95 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Ready Capital Corp is for earnings of 2 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 had fallen by about 8.7% in the last three months. ​

Wall Street's median 12-month price target for Ready Capital Corp is $5.00, about 15.8% above its last closing price of $4.21

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

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Mar. 31 2025
0.11
0.12
-0.09
Missed
-176.6
Dec. 31 2025
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
​​Mar. 31 2024
0.25
0.26
0.29
Beat
10.6
Dec. 31 2023
0.30
0.32
0.26
Missed
-18.5​
Sep. 30 2023
0.34
0.36
0.28
Missed
-22.5
Jun. 30 2023
0.36
0.37
0.35
Missed
-5.4

This summary was machine generated August 1 at 11:12 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)