Chicago Atlantic Real Estate Finance Inc expected to post earnings of 48cents a share - Earnings Preview

Chicago Atlantic Real Estate Finance

07/11/2022 19:33

* Chicago Atlantic Real Estate Finance Inc  REFI.OQ 
 REFI.O  is
expected to show a rise in quarterly revenue when it reports 
results on November 9. 
    * The Chicago Illinois-based  company is expected to report 
a
220.8% increase in revenue to $13.283 million from $4.14 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Chicago Atlantic
Real
Estate Finance Inc is for earnings of 48 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"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 Chicago
Atlantic
Real Estate Finance Inc is $20​, above​ its last closing price
of $14.07. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.47        0.47       0.42      Missed  -11.4
 Mar. 31 2022  0.41        0.41       0.44      Beat    7.3
 Dec. 31 2021  0.33        0.33       0.57      Beat    74​
 ​​                                                     
                                                        ​
 This summary was machine generated November 7 at 19:33 GMT.  All
figures in US dollars  unless otherwise stated