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Ready Capital: 3Q Earnings Snapshot

November 7, 2018

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.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RC at https://www.zacks.com/ap/RC

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