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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 June 30 - Earnings Summary

Chicago Atlantic Real Estate Finance Inc REFI.OQ reported quarterly adjusted earnings of 41 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 46 cents.  The mean expectation of five analysts for the quarter was for earnings of 46 cents per share. Wall Street expected results to range from 42 cents to 51 cents per share.

Revenue rose 9.8% to $16.50 million from a year ago; analysts expected $15.47 million.

Chicago Atlantic Real Estate Finance Inc's reported EPS for the quarter was 41 cents​.

The company reported quarterly net income of $8.88 million.

Chicago Atlantic Real Estate Finance Inc shares had fallen by 5.2% this quarter and lost 14.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 6.2% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 1 "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, about 26.5% above its last closing price of $13.23

This summary was machine generated from LSEG data August 7 at 05:40 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
Jun. 30 20250.460.41Missed
Mar. 31 20250.460.47Beat
Dec. 31 20240.450.39Missed
Sep. 30 20240.480.56Beat

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