Advanced Flower Capital Inc expected to post earnings of 36 cents a share - Earnings Preview

Advanced Flower Capital

11/11/2024 15:37

* Advanced Flower Capital Inc  AFCG.OQ   AFCG.O  is expected
to show a fall in quarterly revenue when it reports  results on
November 13 for the period ending September 30 2024
    * The West Palm Beach Florida-based  company is expected to
report
a 21.4% decrease in revenue to $12.008 million from $15.27
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data. (SAL represents NII)
    * ​LSEG's mean analyst estimate for Advanced Flower Capital
Inc is
for earnings of 36 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Advanced
Flower
Capital Inc is $13.00​, above​ its last closing price of $9.68.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.51        0.52       0.56      Beat    8.7
 Mar. 31 2024  0.52        0.51       0.49      Missed  -3.9
 Dec. 31 2023  0.50        0.50       0.49      Missed  -1.4​
 Sep. 30 2023  0.49        0.49       0.49      Met     0.2
 ​​Jun.        0.54        0.54       0.49      Missed  -8.4
 30 2023                                                
 Mar. 31 2023  0.57        0.57       0.57      Met     -0.3​
 Dec. 31 2022  0.58        0.58       0.62      Beat    6.3
 Sep. 30 2022  0.66        0.66       0.59      Missed  -9.9
 This summary was machine generated November 11 at 15:37 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)