Chicago Atlantic Real Estate Finance Inc expected to post earnings of 53 cents a share - Earnings Preview

Chicago Atlantic Real Estate Finance

03/05/2024 16:31

* Chicago Atlantic Real Estate Finance Inc  REFI.OQ 
 REFI.O  is
expected to show a fall in quarterly revenue when it reports 
results on May 7 for the period ending March 31 2024
    * The Chicago Illinois-based  company is expected to report
a
3.9% decrease in revenue to $15.888 million from $16.53 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Chicago Atlantic Real
Estate
Finance Inc is for earnings of 53 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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 $18.00​, above​ its last closing
price of $15.92. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.54        0.51       0.51      Met     0.7
 Sep. 30 2023  0.54        0.53       0.54      Beat    2.3
 Jun. 30 2023  0.56        0.54       0.47      Missed  -13.4​
 Jan. 1 0001   0.52        0.50       0.60      Beat    19.5
 ​​Dec.        0.48        0.48       0.41      Missed  -14.9
 31 2022                                                
 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
 This summary was machine generated May 3 at 15:31 GMT.  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)