Chicago Atlantic BDC Inc reports results for the quarter ended September 30 - Earnings Summary

Reuters
09 Nov 2024

* Chicago Atlantic BDC Inc reported quarterly breakeven results​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 26 cents. The lone analyst forecast for the quarter was for a loss of one cent per share.

* Revenue rose 8.8% to $3.18 million from a year ago; analysts expected $2.10 million.

* Chicago Atlantic BDC Inc's reported EPS for the quarter was breakeven results​.

* The company reported a quarterly loss of $165.01 thousand.

* Chicago Atlantic BDC Inc shares had risen by 20.5% this quarter and gained 51.9% so far this year.

FORECAST CHANGES

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

RECOMMENDATIONS

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the corporate financial services peer group is also "hold"

Wall Street's median 12-month price target for Chicago Atlantic BDC Inc is $13.23 This summary was machine generated from LSEG data November 8 at 04:28 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

Sep. 30 2024 -0.01 0.00 Beat

Mar. 31 2024 0.08 0.33 Beat

Dec. 31 2023 0.28 0.28 Met

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10