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

Chicago Atlantic Real Estate Finance

09/08/2023 14:33

* Chicago Atlantic Real Estate Finance Inc  REFI.OQ 
reported
quarterly adjusted earnings of 47 cents​​ per share for the
quarter ended in June. The mean expectation of four analysts for
the quarter was for earnings of 54 cents per share.
    * Revenue rose 23.7% to $14.66 million from a year ago;
analysts
expected $15.65 million. 
    * Chicago Atlantic Real Estate Finance Inc's reported EPS
for the
quarter was 47 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.7%
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 risen
by 1.9% this quarter and gained 2.5% so far this year.
    * The company reported quarterly net income of $8.64
million.
    * Wall Street's median 12-month price target for Chicago
Atlantic
Real Estate Finance Inc is $18.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.54           0.47           Missed
 Mar. 31 2023      0.50           0.60           Beat
 Dec. 31 2022      0.48           0.41           Missed
 Sep. 30 2022      0.48           0.55           Beat