Ready Capital (RC) Q3 Earnings Surpass Estimates
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Ready Capital (RC) reported Q3 earnings of $0.25 per share, surpassing the Zacks Consensus Estimate of $0.23 per share, but down from $0.28 per share a year ago.
November 08, 2024 | 1:00 am
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Ready Capital's Q3 earnings of $0.25 per share exceeded expectations but were lower than last year's $0.28 per share.
Ready Capital's earnings beat the consensus estimate, which is typically a positive indicator for stock performance. However, the earnings are lower compared to the previous year, which may temper investor enthusiasm. Overall, the positive earnings surprise is likely to have a short-term positive impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100