|Bid||21.69 x 800|
|Ask||26.40 x 2200|
|Day's Range||26.30 - 26.41|
|52 Week Range||13.90 - 26.91|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||16.58|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Image source: The Motley Fool. Ready Capital Corporation (NYSE: RC)Q1 2020 Earnings CallMay 11, 2020, 8:30 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorThank you for standing by.
Ready Capital (RC) delivered earnings and revenue surprises of -97.22% and -9.05%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Ready Capital (NYSE:RC) rose 2.5% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share were down 97.06% over the past year to $0.01, which might not be comparable to the estimate of $0.37.Revenue of $22,621,000 up by 74.30% from the same period last year, which missed the estimate of $25,510,000.Looking Ahead Earnings guidance hasn't been issued by the company for now.View more earnings on RCReady Capital hasn't issued any revenue guidance for the time being.Price Action 52-week high: $16.90Company's 52-week low was at $3.92Price action over last quarter: down 38.96%Company Overview Ready Capital Corp is a real estate finance company. It acquires, manages, originates and finances small balance commercial loans to purchase small multi-family, office, retail, mixed-use or warehouse properties. The company's segments consist of Loan Acquisitions, SBC Originations, SBA Originations, Acquisitions and Servicing, and Residential Mortgage Banking. Its objective is to provide attractive risk-adjusted returns through dividends and through capital appreciation.See more from Benzinga * Recap: Gogo Q1 Earnings * Paratek Pharmaceuticals: Q1 Earnings Insights * Recap: New Age Beverages Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.