Chicago Atlantic Real Estate Finance Inc expected to post earnings of 50  cents a share - Earnings Preview

Chicago Atlantic Real Estate Finance

05/05/2023 19:32

* Chicago Atlantic Real Estate Finance Inc  REFI.OQ 
 REFI.O  is
expected to show a rise in quarterly revenue when it reports 
results on May 9. 
    * The Chicago Illinois-based  company is expected to report 
a
51.2% increase in revenue to $14.871 million from $9.83 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 50 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 $18​, above​ its last closing price
of $13.84. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.48        0.48       0.41      Missed  -14.9
 Sep. 30 2022  0.48        0.48       0.55      Beat    13.6
 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.        0.33        0.33       0.57      Beat    74
 31 2021                                                
                                                        ​
 This summary was machine generated May 5 at 18:32 GMT.  All
figures in US dollars  unless otherwise stated