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REFI — Chicago Atlantic Real Estate Finance News Story

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Chicago Atlantic Real Estate Finance Inc reports results for the quarter ended December 31 - Earnings Summary

Chicago Atlantic Real Estate Finance Inc REFI.OQ reported quarterly adjusted earnings of 39 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 51 cents.  The mean expectation of six analysts for the quarter was for earnings of 45 cents per share. Wall Street expected results to range from 37 cents to 53 cents per share.

Revenue fell 6% to $15.48 million from a year ago; analysts expected $15.76 million.

Chicago Atlantic Real Estate Finance Inc's reported EPS for the quarter was 39 cents​.

The company reported quarterly net income of $7.92 million.

Chicago Atlantic Real Estate Finance Inc shares had risen by 3.0% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 1.4% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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 average consensus recommendation for the commercial reits peer group is also "buy"

Wall Street's median 12-month price target for Chicago Atlantic Real Estate Finance Inc is $18.00

This summary was machine generated from LSEG data March 12 at 01:30 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 20240.450.39Missed
Sep. 30 20240.480.56Beat
Jun. 30 20240.510.46Missed
Mar. 31 20240.530.47Missed

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