Ready Capital: 3Q Earnings Snapshot
NEW YORK (AP) _ Ready Capital Corporation (RC) on Wednesday reported third-quarter earnings of $16.9 million.
The New York-based company said it had net income of 53 cents per share. Earnings, adjusted for non-recurring gains, were 48 cents per share.
The real estate investment trust posted revenue of $63.3 million in the period. Its adjusted revenue was $34.3 million.
Ready Capital shares have decreased nearly 2 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $14.91, a drop of nearly 1 percent in the last 12 months.