Chicago Atlantic Real Estate Finance Inc reports results for the quarter ended March 31 - Earnings Summary

Reuters
07 May
Chicago Atlantic Real Estate Finance Inc reports results for the quarter ended March 31 - Earnings Summary
  • Chicago Atlantic Real Estate Finance Inc REFI.OQ reported quarterly adjusted earnings of 47 cents​​ per share for the quarter ended March 31, identical to the same quarter last year. The mean expectation of five analysts for the quarter was for earnings of 46 cents per share. Wall Street expected results to range from 40 cents to 53 cents per share.

  • Revenue fell 1.5% to $15.11 million from a year ago; analysts expected $15.43 million.

  • Chicago Atlantic Real Estate Finance Inc's reported EPS for the quarter was 47 cents​.

  • The company reported quarterly net income of $10.04 million.

  • Chicago Atlantic Real Estate Finance Inc shares had fallen by 0.7% this quarter and lost 5.3% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 7.5% 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 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

This summary was machine generated from LSEG data May 7 at 01:32 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

Mar. 31 2025

0.46

0.47

Beat

Dec. 31 2024

0.45

0.39

Missed

Sep. 30 2024

0.48

0.56

Beat

Jun. 30 2024

0.51

0.46

Missed

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