Ready Capital (RC) Misses Q2 Earnings and Revenue Estimates

Ready Capital (RC) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -73.08%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.28 per share when it actually produced earnings of $0.29, delivering a surprise of 3.57%. Over the last four quar ...