Ready Capital Corp expected to post earnings of 45cents a share - Earnings Preview

Ready Capital

05/11/2022 03:01

* Ready Capital Corp  RC.N   RC  is expected to show a rise
in
quarterly revenue when it reports  results on November 7. 
    * The New York City-based  company is expected to report  a
47.8% increase in revenue to $81.302 million from $55 million a
year ago, according to the mean estimate from 6 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ready Capital Corp
is for
earnings of 45 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Ready
Capital
Corp is $15.5​, above​ its last closing price of $12.06. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.47        0.46       0.46      Met     -0.7
 Mar. 31 2022  0.62        0.56       0.52      Missed  -6.4
 Dec. 31 2021  0.53        0.51       0.67      Beat    31​
 Sep. 30 2021  0.47        0.46       0.64      Beat    40.1
 ​​Jun.        0.45        0.45       0.52      Beat    15.9
 30 2021                                                
 Mar. 31 2021  0.44        0.42       0.41      Missed  -2.4​
 Dec. 31 2020  0.45        0.41       0.51      Beat    25.7
 Sep. 30 2020  0.36        0.36       0.57      Beat    58.3
 This summary was machine generated November 5 at 03:01 GMT.  All
figures in US dollars  unless otherwise stated