Ready Capital (RC) reported $16.9 million in revenue for the quarter ended June 2025, representing a year-over-year decline of 66.8%. EPS of -$0.14 for the same period compares to $0.07 a year ago.
The reported revenue represents a surprise of -55.9% over the Zacks Consensus Estimate of $38.32 million. With the consensus EPS estimate being -$0.01, the EPS surprise was -1300%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Ready Capital performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net interest income before provision for loan losses: $16.9 million compared to the $38.32 million average estimate based on three analysts.
- Total non-interest income (loss): $29.07 million compared to the $28.01 million average estimate based on three analysts. The reported number represents a change of -135.3% year over year.
- Other income: $11.3 million versus the two-analyst average estimate of $11.88 million. The reported number represents a year-over-year change of +71.4%.
- Interest income: $152.74 million versus $173.19 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -34.8% change.
- Net realized gain (loss) on financial instruments and real estate owned: $18.21 million versus $14.45 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +151.2% change.
- Servicing income, net: $-0.3 million compared to the $5.82 million average estimate based on two analysts. The reported number represents a change of -109.3% year over year.
- Income on unconsolidated joint ventures: $-0.14 million versus $0.7 million estimated by two analysts on average.
View all Key Company Metrics for Ready Capital here>>>
Shares of Ready Capital have returned -6.4% over the past month versus the Zacks S&P 500 composite's +1.2% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.
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Ready Capital Corp (RC): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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