Ready Capital Corp <RC.N> expected to post earnings of 20 cents a share - Earnings Preview
Ready Capital Corp RC.N, RC is expected to show a rise in quarterly revenue when it reports results on March 3 for the period ending December 31 2024
The New York City-based company is expected to report a 7.0% increase in revenue to $56.211 million from $52.54 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data. (SAL represents Net Interest Income)
LSEG's mean analyst estimate for Ready Capital Corp is for earnings of 20 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 7 "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Ready Capital Corp is $8.00, above its last closing price of $6.80.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 0.19 | 0.23 | -0.28 | Missed | -223.1 |
Jun. 30 2024 | 0.23 | 0.24 | 0.07 | Missed | -71.1 |
Mar. 31 2024 | 0.25 | 0.26 | 0.29 | Beat | 10.6 |
Dec. 31 2023 | 0.30 | 0.32 | 0.26 | Missed | -18.5 |
Sep. 30 2023 | 0.34 | 0.36 | 0.28 | Missed | -22.5 |
Jun. 30 2023 | 0.36 | 0.37 | 0.35 | Missed | -5.4 |
Mar. 31 2023 | 0.40 | 0.41 | 0.30 | Missed | -26.6 |
Dec. 31 2022 | 0.43 | 0.43 | 0.42 | Missed | -1.2 |
This summary was machine generated February 28 at 14:05 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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