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LIEN — Chicago Atlantic BDC News Story

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Chicago Atlantic BDC Inc reports results for the quarter ended March 31 - Earnings Summary

Chicago Atlantic BDC Inc LIEN.OQ reported quarterly adjusted earnings of 34 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 33 cents.  The mean expectation of two analysts for the quarter was for earnings of 31 cents per share. Wall Street expected results to range from 28 cents to 34 cents per share.

Revenue rose 332% to $11.92 million from a year ago; analysts expected $11.58 million.

Chicago Atlantic BDC Inc's reported EPS for the quarter was 33 cents​.

The company reported quarterly net income of $7.61 million.

Chicago Atlantic BDC Inc shares had fallen by 12.2% this quarter and lost 18.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 10.7% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the corporate financial services peer group is also "hold"

Wall Street's median 12-month price target for Chicago Atlantic BDC Inc is $12.14

This summary was machine generated from LSEG data May 14 at 06:02 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.310.34Beat
Dec. 31 20240.290.35Beat
Sep. 30 2024-0.010.00Beat

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