Ready Capital Corp reports results for the quarter ended June 30 - Earnings Summary

Ready Capital

07/08/2026 24:00

Ready Capital Corp RC.N reported a quarterly adjusted loss of 47 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -14 cents.  The mean expectation of six analysts for the quarter was for a loss of 33 cents per share. Wall Street expected results to range from -70 cents to -12 cents per share.
Revenue rose 132.3% to $-5.45 million from a year ago; analysts expected $626.67 thousand. 
Ready Capital Corp's reported EPS for the quarter was a loss of 63 cents​.
The company reported a quarterly loss of $103.53 million.
Ready Capital Corp shares had fallen by 12.0% this quarter and lost 29.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 92.2% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is  "buy."
Wall Street's median 12-month price target for Ready Capital Corp is $2.00, about 22.5% above its last closing price of $1.55
This summary was machine generated from LSEG data August 6 at 11:00 p.m. UTC. ​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)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
-0.33
-0.47
Missed
Mar. 31 2026 
-0.21
-1.00
Missed
Dec. 31 2025 
-0.14
-0.43
Missed
Sep. 30 2025 
-0.12
-0.94
Missed