AFC Gamma Inc expected to post earnings of 51 cents a share - Earnings Preview

Advanced Flower Capital

07/05/2024 18:44

* AFC Gamma Inc  AFCG.OQ   AFCG.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The West Palm Beach Florida-based  company is expected to
report
a 3.5% decrease in revenue to $16.236 million from $16.83
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for AFC Gamma Inc is for
earnings
of 51 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.3%
in the last three months. ​
    * Wall Street's median 12-month price target for AFC Gamma
Inc is
$15.00​, above​ its last closing price of $12.40. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.50        0.50       0.49      Missed  -1.4
 Jan. 1 2023   0.49        0.49       0.49      Met     0.2
 Jun. 30 2023  0.54        0.54       0.49      Missed  -8.4​
 Mar. 31 2023  0.57        0.57       0.57      Met     -0.3
 ​​Dec.        0.58        0.58       0.62      Beat    6.3
 31 2022                                                
 Sep. 30 2022  0.66        0.66       0.59      Missed  -9.9​
 Jun. 30 2022  0.60        0.60       0.69      Beat    15.8
 Mar. 31 2022  0.57        0.57       0.62      Beat    9.3
 This summary was machine generated May 7 at 17:44 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)