Ready Capital Corporation Reports First Quarter 2024 Results
Ready Capital Corproation (RC)
Last ready capital corproation earnings: 3/11 04:39 pm
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Source: GlobeNewswire
- GAAP LOSS PER COMMON SHARE FROM CONTINUING OPERATIONS OF $(0.45) -- DISTRIBUTABLE EARNINGS PER COMMON SHARE OF $0.29 -- DISTRIBUTABLE RETURN ON AVERAGE STOCKHOLDERS’ EQUITY OF 8.6% - NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services lower-to-middle-market (“LMM”) investor and owner occupied commercial real estate loans, today reported financial results for the quarter ended March 31, 2024. “We continue to address the challenges caused by the current recession in commercial real estate,” said Thomas Capasse, Ready Capital’s Chairman and Chief Executive Officer. “The quarter’s valuation allowance is indicative of our intent to aggressively reposition underperforming loans into market yielding investments and further reduce the Company’s limited 4.4% office exposure. Despite these allowances, the Company’s Distributable Ear
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News
- Ready Capital: Big Write-Down On Broadmark Assets [Seeking Alpha]Seeking Alpha
- Ready Capital Corporation (NYSE:RC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Ready Capital Co. (NYSE: RC) was downgraded by analysts at LADENBURG THALM/SH SH from a "buy" rating to a "neutral" rating.MarketBeat
- Ready Capital Corporation Announces First Quarter 2024 Results and Webcast Call [Yahoo! Finance]Yahoo! Finance
- Ready Capital Corporation Announces First Quarter 2024 Results and Webcast CallGlobeNewswire
RC
Earnings
- 5/8/24 - Beat
RC
Sec Filings
- 5/10/24 - Form 10-Q
- 5/9/24 - Form 8-K
- 4/29/24 - Form 10-K/A
- RC's page on the SEC website