Ready Capital Corporation ("Ready Capital" or the "Company") (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services small to medium balance commercial loans, today reported financial results for the quarter ended March 31, 2020. A summary of Ready Capital's operating results for the quarter ended March 31, 2020 is presented below. Ready Capital reported a U.S. GAAP Net loss for the three months ended March 31, 2020 of $51.5 million, or $0.98 per share of common stock, and Core Earnings (a non-GAAP financial measure) of $1.2 million, or $0.01 per share of common stock.

Ready Capital Corporation (NYSE: RC) (the "Company") today announced that the Company will release its fourth quarter 2019 financial results after the New York Stock Exchange closes Wednesday, March 11, 2020.

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.

There's been a major selloff in Ready Capital Corporation (NYSE:RC) shares in the week since it released its annual...

NEW YORK, Feb. 07, 2020 -- Ready Capital’s National Bridge Originations Team announces the closing of acquisition, refinance, renovation and redevelopment loans for over $375.

Ready Capital Corporation (NYSE: RC) announced today that the Company's national Small Business Administration (SBA) lender, ReadyCap Lending, LLC, has funded in excess of $1.2 billion of loans through the U.S. Small Business Administration's Paycheck Protection Program ("PPP"). Additionally, Ready Capital expects to fund the remainder of its completed PPP applications in an expedited manner. We want to thank our various partners who have helped facilitate our PPP program and our customers for their patience and trust they have placed in us.

NEW YORK, NY / ACCESSWIRE / March 12, 2020 / Ready Capital Corp. (NYSE:RC) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 12, 2020 at 8:30 AM Eastern ...

Investors who take an interest in Ready Capital Corporation (NYSE:RC) should definitely note that the Chairman & CEO...

Ready Capital Corporation (NYSE: RC) announced today that the Company's national Small Business Administration (SBA) lender, ReadyCap Lending, LLC, has obtained SBA approvals to fund in excess of $2 billion loans through the U.S. Small Business Administration's Paycheck Protection Program ("PPP Program"). Through the Coronavirus Aid, Relief and Economic Security Act ("CARES Act"), the initiative calls for existing SBA lenders to extend loans to small business to cover payroll, occupancy and operating expenses through the PPP Program. Furthermore, the PPP Program includes a 100% guarantee from the federal government for loans up to $10 million and principal forgiveness for borrowers if the funds are used primarily for retaining employees. Ready Capital, through its front-end technology embedded in its iBusiness Funding platform, helps small businesses by lending, not only to its existing clients, but also new applicants. Ready Capital started taking applications the first week of April and began funding of the PPP Program on Monday, April 13th. The Company will continue to fund approved loans over the upcoming weeks and is accepting applications at ppp.readycapital.com.

Ready Capital (RC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The owner of InstaPhysique Inc. discussed her outlook for her industry's future, and her experience applying for the Paycheck Protection Program.

Ready Capital Corporation ("Ready Capital" or the "Company") (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services small to medium balance commercial loans, today reported financial results for the quarter ended December 31, 2019. A summary of Ready Capital's operating results for the quarter ended December 31, 2019 is presented below. Ready Capital reported U.S. GAAP Net Income for the three months ended December 31, 2019 of $20.9 million, or $0.43 per share of common stock, and Core Earnings (a non-GAAP financial measure) of $21.0 million, or $0.43 per share of common stock.

Ready Capital (RC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Ready Capital Corporation ("Ready Capital" or the "Company") (NYSE: RC), announced today that the Company has decided to pay its previously declared cash dividend for the first quarter of 2020 of $0.40 per share of common stock and operating partnership unit, in a combination of cash, not to exceed 20% in the aggregate, and common stock. As previously announced by the Company on March 11, 2020, the dividend will continue to be payable on April 30, 2020 to stockholders of record as of the close of business on March 31, 2020.

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?

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 Corporation ("Ready Capital" or the "Company") (NYSE: RC), today announced a company update related to the continued market volatility due to the novel COVID-19 pandemic and issued an open letter to its shareholders. The text follows:

Ready Capital (RC) delivered earnings and revenue surprises of 4.88% and 4.52%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

NEW YORK, April 22, 2020 -- Ready Capital announces the delivery and closing of Freddie Mac SBL loans for approximately $150 million in 17 states and Washington, DC, between.

Investors who also run a consumer attorney law firm made a commitment in uncertain economic times, buying a three-building office complex in Roseville earlier this month.