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• Chicago Atlantic Real Estate Finance Inc REFI.OQ reported quarterly adjusted earnings of 46 cents​​ per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of 47 cents. The mean expectation of six analysts for the quarter was for earnings of 51 cents per share. Wall Street expected results to range from 48 cents to 56 cents per share.

• Revenue rose 2.5% to $15.02 million from a year ago; analysts expected $16.24 million.

• Chicago Atlantic Real Estate Finance Inc's reported EPS for the quarter was 46 cents​.

• The company reported quarterly income of $9.18 million.

• Chicago Atlantic Real Estate Finance Inc shares had risen by 0.6% this quarter and lost 4.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1% in the last three months.​

• In the last 30 days, there have been 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," 2 "hold" and "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 August 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)