10:15 AM EST, 03/03/2025 (MT Newswires) -- (Updates with stock price movement in the headline and the first paragraph.)

Ready Capital ( RC ) shares plunged over 27% in recent trading on Monday after the company's Q4 revenue missed analysts' expectations.

The company reported a Q4 loss from continuing operations 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.

Price: 5.05, Change: -1.88, Percent Change: -27.14