Ready Capital (RC) reports Q1 loss, misses revenue estimates

AI Briefing

• – Ready Capital reports Q1 loss of $0.33 per share, misses revenue estimates.
• – Company's adjusted EPS of $0.33 is down from break-even in Q1 last year.
• – RC's Q1 loss is wider than the Zacks Consensus Estimate of a loss of $0.13 per share.