AFC Gamma Inc expected to post earnings of 52 cents a share - Earnings Preview

Advanced Flower Capital

05/08/2024 14:55

* AFC Gamma Inc  AFCG.OQ   AFCG.O  is expected to show a
fall in
quarterly revenue when it reports  results on August 7 for the
period ending June 30 2024
    * The West Palm Beach Florida-based  company is expected to
report
a 2.2% decrease in revenue to $15.744 million from $16.1 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data. (SAL represents NII)
    * ​LSEG's mean analyst estimate for AFC Gamma Inc is for
earnings
of 52 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and 1 "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 AFC Gamma
Inc is
$14.00​, above​ its last closing price of $8.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.52        0.51       0.49      Missed  -3.9
 Dec. 31 0001  0.50        0.50       0.49      Missed  -1.4
 Sep. 30 2023  0.49        0.49       0.49      Met     0.2​
 Jun. 30 2023  0.54        0.54       0.49      Missed  -8.4
 ​​Jan.        0.57        0.57       0.57      Met     -0.3
 1 0001                                                 
 Dec. 31 2022  0.58        0.58       0.62      Beat    6.3​
 Sep. 30 2022  0.66        0.66       0.59      Missed  -9.9
 Jan. 1 0001   0.60        0.60       0.69      Beat    15.8
 This summary was machine generated August 5 at 13:55 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)