Ready Capital Corporation’s Upcoming Earnings Repo…
From Financial Modeling Prep: 2025-02-28 02:00:03
Ready Capital Corporation (NYSE:RC) is set to release its quarterly earnings, with analysts expecting a 19.2% decrease in EPS to $0.21 per share. Revenue, however, is projected to rise by 5.5% to around $55.44 million. The company faces challenges with a negative P/E ratio of -8.84 and a debt-to-equity ratio of 2.83, indicating financial struggles.
Despite a predicted decline in EPS, Ready Capital Corporation (NYSE:RC) is anticipated to see revenue growth of 5.5% to approximately $55.44 million. The company operates in the real estate finance sector, competing with firms like Blackstone Mortgage Trust and Starwood Property Trust. Analysts are closely monitoring RC’s financial performance, with earnings per share expected at $0.21 for the upcoming quarter.
Analysts are forecasting Ready Capital Corporation (NYSE:RC) to report earnings of $0.21 per share for the quarter, a drop of 19.2% from the previous year. The company’s financial outlook is mixed, with a negative P/E ratio of -8.84 and a debt-to-equity ratio of 2.83 highlighting challenges in profitability and financial stability.
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