Ready Capital (NYSE:RC) reported its Q4 earnings results on Thursday, February 24, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Ready Capital beat estimated earnings by 31.37%, reporting an EPS of $0.67 versus an estimate of $0.51.
Revenue was up $30.10 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.18 which was followed by a 4.07% increase in the share price the next day.
Here's a look at Ready Capital's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.46 | 0.45 | 0.43 | 0.41 |
| EPS Actual | 0.64 | 0.52 | 0.41 | 0.51 |
| Revenue Estimate | 45.06M | 37.23M | 22.59M | 18.23M |
| Revenue Actual | 55.00M | 47.63M | 22.61M | 23.49M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
