NYSE$RC

Ready Capital Corporation · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Ready Capital reported Q4 2024 a net loss of $297.5M, diluted EPS of $-1.80.

For Q4 2024, Ready Capital reported net loss was $297.5M, diluted EPS was $-1.80. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Net loss $297.5M.
  • Diluted EPS $-1.80.
  • MD&A highlights operating priorities, liquidity, and sector risks.

Headline financials

Total Revenue

$50.1M

Previous: $316M-84.2%
EPS (adj)

-$1.80

Previous: $0.26-792.3%
Book Value Per Share

$10.61

Previous: $14.10-24.8%
Dividend Per Share

$0.13

Previous: $0.30-58.3%
Net Income

-$298M

Previous: $10.9M-2834.3%
Operating Income

-$235M

Previous: $25.8M-1010.3%

Revenue & EPS history

Ready Capital · Revenue · Quarterly

$50.1M

Q4 2024-84.2%vs Q4 2023
Beat estimate in 5 of 14 quarters(36%)
ActualEstimate

Forward guidance

Outlook focuses on portfolio quality, spreads, and distributions rather than explicit EPS guidance.

Tailwinds

  • Investment income and NOI trends support shareholder returns.
  • Origination and leasing pipelines may redeploy capital at higher yields.

Headwinds

  • Credit markdowns or rate moves can pressure book value and earnings.
  • Realized losses on investments may reduce distributable earnings.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-1.0%

Avg return

Earnings day

-1.5%

Avg return

5 days after

-0.2%

Avg return

30 days after

39%

22 / 56 earnings

Positive

+16.2%

Q2 2020

Best reaction

-26.8%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-12.9%-21.7%-21.7%
Q4 2025+12.2%+27.0%-6.7%
Q3 2025-1.7%-11.0%-12.4%
Q1 2025-5.3%-3.0%-1.6%
Q4 2024-26.8%-22.7%-26.3%
Q3 2024+4.7%+3.0%+5.9%
Q2 2024+0.1%-4.7%-9.8%
Q1 2024-0.9%+4.9%-1.5%
Q4 2023-5.0%+0.3%+2.1%
Q3 2023+1.0%-1.9%+5.3%
Q2 2023-0.8%-2.5%-5.1%
Q1 2023-2.0%+0.2%+8.1%
Q4 2022-9.9%-10.6%-19.0%
Q3 2022+4.4%+10.2%+6.8%
Q2 2022+1.3%+1.6%-7.2%
Q1 2022-6.5%-7.7%-3.2%
Q4 2021+6.6%+7.6%+13.5%
Q3 2021+5.4%+4.2%+2.1%
Q2 2021+2.6%+2.5%+3.5%
Q1 2021+0.9%-2.9%+7.9%
Q4 2020+4.3%+4.1%-4.0%
Q3 2020-4.0%-4.7%+12.8%
Q2 2020+16.2%+16.1%+25.7%
Q1 2020-11.1%-12.1%+40.8%
Q4 2019-18.7%-34.7%-47.6%
Q3 2019+1.8%+0.1%-1.4%
Q2 2019+1.4%-0.3%-0.3%
Q1 2019-2.2%-3.6%-3.6%
Q4 2018-4.0%-5.8%-8.0%
Q3 2018-2.9%-1.3%+0.7%
Q2 2018-0.3%-2.1%+2.1%
Q1 2018+4.2%+5.2%+11.5%
Q4 2017+2.7%+2.4%-3.4%
Q3 2017+2.3%+1.7%+6.3%
Q2 2017-1.0%+0.0%+4.4%
Q1 2017-2.0%-3.4%+0.3%
Q4 2016+4.1%+3.7%+6.7%
Q4 2015+0.4%+1.2%+5.8%
Q3 2016+1.6%+2.8%+6.3%
Q2 2016-1.9%-1.7%-3.8%
Q1 2016-0.5%
Q4 2014-0.4%
Q3 2015-5.9%
Q2 2015-1.5%
Q1 2015-0.9%
Q3 2014-2.4%
Q2 2014+7.2%
Q1 2014-0.3%
Q4 2013+0.8%
Q3 2012-3.1%
Q3 2013-3.1%
Q2 2013-0.9%
Q2 2012-0.9%
Q4 2012-1.2%
Q1 2013-1.2%
Q1 2012-1.2%

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