AFC Gamma Inc expected to post earnings of 60  cents a share - Earnings Preview

Advanced Flower Capital

05/08/2022 19:31

* AFC Gamma Inc  AFCG.OQ   AFCG.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 9. 
    * The West Palm Beach Florida-based  company is expected to
report
 a 100.7% increase in revenue to $17.558 million from $8.75
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for AFC Gamma Inc is
for
earnings of 60 cents per share. For the same quarter last year,
the company reported earnings of 43 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"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 AFC Gamma
Inc is
$23​, above​ its last closing price of $17.31. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.57        0.57       0.62      Beat    9.3
 Dec. 31 2022  0.54        0.53       0.52      Missed  -2.7
 Sep. 30 2021  0.43        0.43       0.44      Beat    3​
 Jun. 30 2021  0.46        0.48       0.43      Missed  -10.9
 ​​Mar.        0.34        0.34       0.45      Beat    31.1
 31 2021                                                
                                                        ​
 This summary was machine generated August 5 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated