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

Chicago Atlantic Real Estate Finance

09/05/2023 14:33

* Chicago Atlantic Real Estate Finance Inc  REFI.OQ 
reported
quarterly adjusted earnings of 60 cents​​ per share for the
quarter ended in March. The mean expectation of five analysts
for the quarter was for earnings of 50 cents per share.
    * Revenue rose 68.1% to $16.53 million from a year ago;
analysts
expected $14.87 million. 
    * Chicago Atlantic Real Estate Finance Inc's reported EPS
for the
quarter was 60 cents​.
    * The mean earnings estimate of analysts had risen by
about 3.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Chicago Atlantic Real Estate Finance Inc shares had risen
by 4.4% this quarter and lost 6.4% so far this year.
    * The company reported quarterly net income of $10.69
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 "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 May
9 at 01:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.47           0.42           Missed