Ready Capital (RC) Reports Q2 Loss, Misses Revenue Estimates

Ready Capital (RC) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1,300.00%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.12 per share when it actually produced break-even earnings, delivering a surprise of -100%.Over the last four quar ...