Chicago Atlantic BDC Inc reports results for the quarter ended September 30 - Earnings Summary

Chicago Atlantic BDC

08/11/2024 16:28

* Chicago Atlantic BDC Inc  LIEN.OQ  reported quarterly
breakeven
results​​ per share for the quarter ended September 30, lower
than the same quarter last year, when the company reported EPS
of 26 cents.  The lone analyst forecast for the quarter was
for a loss of one cent per share. 
    * Revenue rose 8.8% to $3.18 million from a year ago;
analysts
expected $2.10 million. 
    * Chicago Atlantic BDC Inc's reported EPS for the quarter
was
breakeven results​.
    * The company reported a quarterly loss of $165.01 thousand.
    * Chicago Atlantic BDC Inc shares had risen by 20.5% this
quarter and gained 51.9% so far this year.

FORECAST CHANGES
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

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 $13.23 
This summary was machine generated from LSEG data November 8 at
04:28 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 ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.01          0.00           Beat
 Mar. 31 2024      0.08           0.33           Beat
 Dec. 31 2023      0.28           0.28           Met