Ready Capital: Q4 Earnings Insights

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.

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.

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.

Earnings Calendar