Chicago Atlantic Real Estate Finance earnings missed, revenue fell short of estimates
Chicago Atlantic Real Estate Finance, a company listed on the NASDAQ under the ticker REFI, has released its third quarter earnings results. The company reported an earnings per share (EPS) of $0.49, which fell short of the analyst's estimate of $0.50. Additionally, the company's revenue for the quarter amounted to $12.47 million, significantly below the consensus estimate of $14.75 million.
As a result, Chicago Atlantic Real Estate Finance's stock price closed at $8.86, marking a decline of -12.71% over the past three months and a more severe drop of -31.53% over the last 12 months. The company has experienced mixed revisions to its earnings per share (EPS) over the past 90 days, with both positive and negative adjustments.
According to InvestingPro, Chicago Atlantic Real Estate Finance's financial health score is assessed as fair. Investors can view the company's recent earnings performance and its financial statements on the Investing.com platform. To keep track of upcoming earnings reports, investors are encouraged to consult Investing.com's dedicated earnings calendar.
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