AFC Gamma Inc reports results for the quarter ended in June - Earnings Summary

Advanced Flower Capital

09/08/2022 15:09

* AFC Gamma Inc  AFCG.OQ  reported quarterly adjusted
earnings of
69 cents​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for earnings
of 60 cents per share.
    * Revenue rose 127.5% to $19.90 million from a year ago;
analysts
expected $17.35 million. 
    * AFC Gamma Inc's reported EPS for the quarter was 57
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.4%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * AFC Gamma Inc shares had risen by 16.4% this quarter and
lost 21.6% so far this year.
    * The company reported quarterly net income of $11.35
million.
    * Wall Street's median 12-month price target for AFC Gamma
Inc is
$23.00 
    * 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." 

This summary was machine generated from Refinitiv data August 9
at 02:09 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.60           0.69           Beat
 Mar. 31 2022      0.57           0.62           Beat
 Dec. 31 2021      0.53           0.52           Missed
 Sep. 30 2021      0.43           0.44           Beat