Ready Capital (RC) Reports Q4 Loss, Lags Revenue Estimates

Ready Capital (RC) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to earnings of $0.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +18.18%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.02 per share when it actually produced a loss of $0.94, delivering a surprise of -4800%.Over the last four quarters, ...