Chicago Atlantic Real Estate Finance Inc reports results for the quarter ended June 30 - Earnings Summary
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 34 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 41 cents. The mean expectation of five analysts for the quarter was for earnings of 43 cents per share. Wall Street expected results to range from 40 cents to 46 cents per share.
Revenue fell 7.8% to $15.22 million from a year ago; analysts expected $15.10 million.
Chicago Atlantic Real Estate Finance Inc's reported EPS for the quarter was 34 cents.
The company reported quarterly net income of $7.47 million.
Chicago Atlantic Real Estate Finance Inc shares had fallen by 4.5% this quarter and lost 16.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 3.6% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "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 $16.00, about 36% above its last closing price of $10.24
This summary was machine generated from LSEG data August 11 at 01:31 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.43 | 0.34 | Missed |
Mar. 31 2026 | 0.43 | 0.23 | Missed |
Dec. 31 2025 | 0.40 | 0.38 | Missed |
Sep. 30 2025 | 0.44 | 0.42 | Missed |
Recent news on Chicago Atlantic Real Estate Finance
See all newsChicago Atlantic Real Estate Finance Inc reports results for the quarter ended June 30 - Earnings Summary
Chicago Atlantic Q2 net interest income, earnings fall yr/yr
Chicago Atlantic Real Estate Finance Inc expected to post earnings of 43 cents a share - Earnings Preview
Chicago Atlantic Real Estate Finance Q1 net income falls on higher credit loss provision
Chicago Atlantic Q4 distributable earnings per share decline yr/yr