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

Chicago Atlantic Real Estate Finance

09/03/2023 14:31

* Chicago Atlantic Real Estate Finance Inc  REFI.OQ 
reported
quarterly adjusted earnings of 41 cents​​ per share for the
quarter ended in December. The mean expectation of five analysts
for the quarter was for earnings of 48 cents per share.
    * Revenue rose 176.7% to $15.99 million from a year ago;
analysts
expected $13.90 million. 
    * Chicago Atlantic Real Estate Finance Inc's reported EPS
for the
quarter was 41 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Chicago Atlantic Real Estate Finance Inc shares had fallen
by 5.1% this quarter.
    * The company reported quarterly net income of $7.26
million.
    * Wall Street's median 12-month price target for Chicago
Atlantic
Real Estate Finance Inc is $20.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
March 9 at 02:30 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.48           0.41           Missed
 Sep. 30 2022      0.48           0.55           Beat
 Jun. 30 2022      0.47           0.42           Missed
 Mar. 31 2022      0.41           0.44           Beat