Chicago Atlantic Real Estate Finance Inc expected to post earnings of 54  cents a share - Earnings Preview

Chicago Atlantic Real Estate Finance

07/08/2023 15:36

* Chicago Atlantic Real Estate Finance Inc  REFI.OQ 
 REFI.O  is
expected to show a rise in quarterly revenue when it reports 
results on August 9. 
    * The Chicago Illinois-based  company is expected to report 
a
32.1% increase in revenue to $15.653 million from $11.85 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Chicago Atlantic
Real
Estate Finance Inc is for earnings of 54 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "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 $15.58. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.52        0.50       0.60      Beat    19.5
 Dec. 31 2023  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.        0.41        0.41       0.44      Beat    7.3
 31 2022                                                
 Dec. 31 2021  0.33        0.33       0.57      Beat    74​
 This summary was machine generated August 7 at 14:36 GMT.  All
figures in US dollars  unless otherwise stated