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

Advanced Flower Capital

11/05/2022 16:56

* AFC Gamma Inc  AFCG.OQ  reported quarterly adjusted
earnings of
62 cents​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for earnings
of 57 cents per share.
    * Revenue rose 297.8% to $18.64 million from a year ago; 
analysts
expected $16.27 million. 
    * AFC Gamma Inc's reported EPS for the quarter was 52
cents​.
    * The mean earnings estimate of analysts had fallen by
about 7.8%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * AFC Gamma Inc shares had fallen by 20.4% this quarter and
lost 33.1% so far this year.
    * The company reported quarterly net income of $10.16
million.
    * Wall Street's median 12-month price target for AFC Gamma
Inc is
$26.00 
    * 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 May 11 at 03:56 p.m.  ​All
figures in US dollars unless otherwise stated