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

Chicago Atlantic Real Estate Finance

09/11/2022 14:32

* Chicago Atlantic Real Estate Finance Inc  REFI.OQ 
reported
quarterly adjusted earnings of 55 cents​​ per share for the
quarter ended in September. The mean expectation of
five analysts for the quarter was for earnings of 48 cents per
share.
    * Revenue rose 233.1% to $13.80 million from a year ago;
analysts
expected $13.28 million. 
    * Chicago Atlantic Real Estate Finance Inc's reported EPS
for the
quarter was 55 cents​.
    * The mean earnings estimate of analysts had fallen by
about 4% 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 1.8% this quarter and lost 15.0% so far this year.
    * The company reported quarterly net income of $9.77
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 Refinitiv data November
9 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.33           0.57           Beat