Core Insights - Ready Capital reported a quarterly loss of $0.94 per share, significantly missing the Zacks Consensus Estimate of $0.02, and compared to earnings of $0.25 per share a year ago, indicating a substantial decline in performance [1] - The company posted revenues of $10.52 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 76.13%, and down from $50.97 million year-over-year [2] - Ready Capital shares have decreased by approximately 55.4% year-to-date, contrasting with the S&P 500's gain of 15.6% [3] Earnings Outlook - The earnings outlook for Ready Capital is uncertain, with current consensus EPS estimates at $0.05 for the upcoming quarter and -$0.26 for the current fiscal year, with revenues expected to be $45.7 million and $121.18 million respectively [7] - The estimate revisions trend for Ready Capital was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Industry Context - The REIT and Equity Trust industry, to which Ready Capital belongs, is currently ranked in the top 37% of over 250 Zacks industries, indicating a favorable position compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Ready Capital's stock performance [5]
Ready Capital (RC) Reports Q3 Loss, Lags Revenue Estimates