Ready Capital (RC) reported a Q4 loss from continuing operations Monday of $1.80 per diluted share, swinging from earnings of $0.12 a year earlier.
No analyst estimates were available for comparison.
Revenue for the quarter ended Dec. 31, expressed as the sum of net interest income and total noninterest income, was $77.1 million, compared with $112.6 million a year earlier.
Three analysts surveyed by FactSet expected $97.4 million.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.