Here's What Key Metrics Tell Us About Ready Capital (RC) Q1 Earnings

For the quarter ended March 2025, Ready Capital (RC) reported revenue of $14.5 million, down 70.1% over the same period last year. EPS came in at $0.00, compared to $0.29 in the year-ago quarter.The reported revenue represents a surprise of -73.83% over the Zacks Consensus Estimate of $55.4 million. With the consensus EPS estimate being $0.12, the EPS surprise was -100.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.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: Total non-interest income (loss): $25.74 million versus the four-analyst average estimate of $35.17 million. The reported number represents a year-over-year change of -125.1%. Net realized gain (loss) on financial instruments and real estate owned: $10.67 million compared to the $20.03 million average estimate based on three analysts. Interest income: $154.97 million versus $213.17 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -33.3% change. Income on unconsolidated joint ventures: -$3.98 million compared to the $3.08 million average estimate based on three analysts. Other income: $11.59 million compared to the $14.74 million average estimate based on three analysts. The reported number represents a change of -24.6% year over year. Servicing income, net: $6.46 million compared to the $4.42 million average estimate based on three analysts. The reported number represents a change of +71.8% year over year. Net unrealized gain (loss) on financial instruments: -$1.75 million versus the two-analyst average estimate of -$6.02 million. View all Key Company Metrics for Ready Capital here>>>Shares of Ready Capital have returned -8.9% over the past month versus the Zacks S&P 500 composite's +11.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ready Capital Corp (RC): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks