Ready Capital RC reported its Q4 earnings results on Tuesday, February 27, 2024 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Ready Capital missed estimated earnings by -13.0%, reporting an EPS of $0.26 versus an estimate of $0.3.
Revenue was down $11.09 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.08 which was followed by a 1.0% increase in the share price the next day.
Here's a look at Ready Capital's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.36 | 0.36 | 0.41 | 0.42 |
| EPS Actual | 0.28 | 0.35 | 0.30 | 0.40 |
| Revenue Estimate | 87.54M | 62.72M | 76.68M | 78.37M |
| Revenue Actual | 58.98M | 60.35M | 57.18M | 63.63M |
To track all earnings releases for Ready Capital visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
