The earnings call revealed strategic initiatives aimed at repositioning and stabilizing the company's financials, including the sale of legacy assets and increasing liquidity. However, these were offset by significant losses, increased operating costs, and challenges in divestments, pointing to a complex transition period.

Company Guidance

During Ready Capital's second quarter 2025 earnings call, several key initiatives and metrics were highlighted, reflecting the company's strategic repositioning and financial performance outlook. Ready Capital completed a bulk sale of $494 million in legacy multifamily bridge assets, generating $85 million in net proceeds, which is expected to increase earnings by $0.05 per share per quarter by removing negative carry and an additional $0.02 per share from reinvestment. The Portland mixed-use asset, including a Ritz-Carlton Hotel, was acquired, with plans to stabilize and reduce its $5.3 million quarterly negative carry. In capital markets, Ready Capital enhanced liquidity by collapsing two CRE CLOs, improving advance rates by 7%, and increasing warehouse capacity by $75 million, supporting loan origination. The CRE loan portfolio was segmented into a $5.4 billion core and a $695 million noncore portfolio, with significant progress in liquidating underperforming assets. Despite a GAAP loss of $0.31 per share, the company anticipates modest earnings growth in the latter half of 2025, driven by new loan originations, stabilization of the Portland asset, and increased SBA 7(a) lending volumes.

Strategic Sale of Legacy Assets

Completed a bulk sale of $494 million of legacy multifamily bridge assets, generating net proceeds of $85 million, eliminating 100% of the 2021 vintage syndicated loans and resulting in an immediate increase of $0.05 per share per quarter.

Ownership and Stabilization of Portland Asset

Took ownership of a mixed-use asset in Portland, including a Ritz-Carlton Hotel, avoiding foreclosure and planning stabilization with institutional partners.

Enhanced Liquidity and Funding Capacity

Increased warehouse capacity with $71 million in proceeds from improved advance rates and closed a $100 million USDA warehouse facility.

Reduction in Noncore Portfolio

Post-settlement of the bulk sale, the noncore portfolio was reduced by an additional 52% to $333 million, minimizing financial drag.

Ready Capital (RC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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RC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	-0.08 / -	-0.28	―	―	―
Aug 07, 2025	2025 (Q2)	-0.05 / -0.14	0.07	-300.00% (-0.21)
May 08, 2025	2025 (Q1)	0.12 / -0.09	0.29	-131.03% (-0.38)
Mar 03, 2025	2024 (Q4)	0.19 / -0.03	0.26	-111.54% (-0.29)
Nov 07, 2024	2024 (Q3)	0.24 / -0.28	0.28	-200.00% (-0.56)
Aug 07, 2024	2024 (Q2)	0.27 / 0.07	0.35	-80.00% (-0.28)
May 08, 2024	2024 (Q1)	0.28 / 0.29	0.3	-3.33% (-0.01)
Feb 27, 2024	2023 (Q4)	0.30 / 0.26	0.42	-38.10% (-0.16)
Nov 07, 2023	2023 (Q3)	0.36 / 0.28	0.44	-36.36% (-0.16)
Aug 07, 2023	2023 (Q2)	0.37 / 0.35	0.46	-23.91% (-0.11)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

RC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$4.23	$4.07	-3.78%
May 08, 2025	$4.26	$4.02	-5.63%
Mar 03, 2025	$6.57	$4.80	-26.94%
Nov 07, 2024	$6.39	$6.68	+4.54%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Ready Capital Corporation (RC) report earnings?

Ready Capital Corporation (RC) is schdueled to report earning on Nov 05, 2025, After Close (Confirmed).

What is Ready Capital Corporation (RC) earnings time?

Ready Capital Corporation (RC) earnings time is at Nov 05, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is RC EPS forecast?

RC EPS forecast for the fiscal quarter 2025 (Q3) is -0.08.

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