For the quarter ended June 2024, Ready Capital (RC) reported revenue of $50.95 million, down 15.6% over the same period last year. EPS came in at $0.07, compared to $0.35 in the year-ago quarter. The reported revenue represents a surprise of -17.51% over the Zacks Consensus Estimate of $61.77 million. With the consensus EPS estimate being $0.26, the EPS surprise was -73.08%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

- GAAP LOSS PER COMMON SHARE FROM CONTINUING OPERATIONS OF $(0.21) - - DISTRIBUTABLE EARNINGS PER COMMON SHARE OF $0.07 - - DISTRIBUTABLE EARNINGS PER COMMON SHARE BEFORE REALIZED LOSSES OF $0.19 - - DISTRIBUTABLE RETURN ON AVERAGE STOCKHOLDERS' EQUITY OF 2.6% - NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation ("Ready Capital" or the "Company") (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services lower-to-middle-market ("LMM") invest ...

NEW YORK, July 31, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE: RC) (the "Company") today announced that the Company will release its second quarter 2024 financial results after the New York Stock Exchange closes on Wednesday, August 7, 2024. Management will host a webcast and conference call on Thursday, August 8, 2024 at 8:30 a.m. Eastern Time to provide a general business update and discuss the financial results for the quarter ended June 30, 2024. Webcast: The Company encourages use of the ...

NEW YORK, July 31, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE: RC) (the "Company") today announced that the Company will release its second quarter 2024 financial results after the New York Stock Exchange closes on Wednesday, August 7, 2024. Management will host a webcast and conference call on Thursday, August 8, 2024 at 8:30 a.m. Eastern Time to provide a general business update and discuss the financial results for the quarter ended June 30, 2024. Webcast: The Company encourages use of the ...

FORT LAUDERDALE, Fla., June 24, 2024 /PRNewswire/ -- iBusiness Funding LLC (iBusiness), the technology and lending services division of Ready Capital Corporation (NYSE: RC), and Funding Circle Holdings plc are pleased to announce a share purchase agreement, positioning iBusiness Funding, LLC as the new owner of FC USA and its subsidiaries, contingent on the return of its Small Business Lending Company (SBLC) license to the SBA. iBusiness Funding Logo (PRNewsfoto/iBusiness Funding)iBusiness Funding Logo (PRN ...

The Company declared a dividend of $0.390625 per share of Series C Preferred Stock payable on July 15, 2024, to Series C Preferred stockholders of record as of the close of business on June 28, 2024, which is the effective record date since June 30, 2024, is not a business day. About Ready Capital Corporation Contact NEW YORK, June 14, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) (the "Company") announced that its Board of Directors declared a quarterly cash dividend of $0.30 per share of co ...

NEW YORK, June 14, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) (the "Company") announced that its Board of Directors declared a quarterly cash dividend of $0.30 per share of common stock and Operating Partnership unit for the quarter ended June 30, 2024. This dividend is payable on July 31, 2024, to shareholders of record as of the close of business on June 28, 2024. Additionally, the Company announced that its Board of Directors declared quarterly cash dividends on its 6.25% Series C Cumul ...

NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) ("Ready Capital" or the "Company"), a multi-strategy real estate finance company that originates, acquires, finances and services small-to-medium balance commercial loans, today announced that it has acquired Madison One Capital, M1 CUSO and Madison One Lender Services (together, "Madison One"), a leading originator and servicer in the highly profitable government guaranteed loan industry focusing on United States Department of ...

Access to a live audio-webcast of the presentation in listen-only mode will be available through the "Investor Relations" section of the Company's website, www.readycapital.com. A replay of the webcast will be archived on the Company's website. NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) (the "Company") announced that Tom Capasse, Ready Capital's Chairman and Chief Executive Officer, will present at REITweek 2024: Nareit's Investor Conference at the New York Hilton Midtow ...

NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) (the "Company") announced that Tom Capasse, Ready Capital's Chairman and Chief Executive Officer, will present at REITweek 2024: Nareit's Investor Conference at the New York Hilton Midtown on Wednesday, June 5, 2024 at 2:00 p.m. Eastern Time. Access to a live audio-webcast of the presentation in listen-only mode will be available through the "Investor Relations" section of the Company's website, www.readycapital.com. A replay of ...