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REFI
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Net Income Dip: Cannabis REIT Chicago Atlantic's Q1 2024 Financial Results Breakdown
Chicago Atlantic Real Estate Finance is a cannabis-focused commercial real estate finance company. The company announced its financial results for the first quarter ended March 31, 2024. Chicago Atlantic's shares were trading 0.13% higher at $15.97 per share at noon Tuesday.
Benzinga · 10h ago
REFI Stock Earnings: Chicago Atlantic Real Misses EPS, Misses Revenue for Q1 2024
Chicago Atlantic Real reported earnings per share of 52 cents for the first quarter of 2024. The company reported revenue of $13.24 million. This was 16.68% below the analyst estimate for the same period. Chicago Atlantic Real is a real estate company based in New York City.
Investorplace · 10h ago
Chicago Atlantic Real Estate Finance, Inc. Quarterly Report for the Period Ending March 31, 2024
Press release · 13h ago
Lake Street Sticks to Its Buy Rating for Chicago Atlantic Real Estate ate Finance Inc (REFI)
TipRanks · 13h ago
Chicago Atlantic Real Estate Finance misses top and bottom line estimates
Chicago Atlantic Real Estate Finance, Inc. Misses top and bottom line estimates. Q1 GAAP EPS of $0.47 misses by $.05. Net interest income of $13.24M misses by 11.2% Y/Y. The company's stock is down 2.7% in the last week.
Seeking Alpha · 15h ago
Chicago Atlantic Q1 2024 Financial Results Conference Preview
TipRanks · 15h ago
*Chicago Atlantic Real Est Backs 2024 Guidance >REFI
Dow Jones · 15h ago
*Chicago Atlantic Real Est 1Q Net Interest Income $13.2M >REFI
Dow Jones · 15h ago
*Chicago Atlantic Real Est 1Q Total Expenses of Around $4.1M >REFI
Dow Jones · 15h ago
Chicago Atlantic Real Q1 2024 Adj EPS $0.52 Misses $0.53 Estimate, Sales $13.240M Miss $15.888M Estimate
Chicago Atlantic Real (NASDAQ:REFI) reported quarterly earnings of $0.52 per share. The company reported quarterly sales of $13.240 million which missed the analyst consensus estimate of $15.888 million. Chicago Atlantic Real also reported a 16.13 percent drop in sales from the same period last year.
Benzinga · 15h ago
*Chicago Atlantic Real Est 1Q EPS 47c >REFI
Dow Jones · 15h ago
BRIEF-Chicago Atlantic Real Estate Finance Q1 Net Income USD 8.7 Million
Reuters · 15h ago
CHICAGO ATLANTIC REAL ESTATE FINANCE INC: AFFIRMED ITS 2024 OUTLOOK
Reuters · 15h ago
Press Release: Chicago Atlantic Real Estate Finance Announces First Quarter 2024 Financial Results
Chicago Atlantic Real Estate Finance, Inc. Announced its results for the first quarter ended March 31, 2024. The Company is a commercial mortgage real estate investment trust. Chicago Atlantic grew the portfolio by funding one new borrower and driving improvement in book value per share. The company is thrilled with progress toward regulatory reform for the cannabis industry.
Dow Jones · 15h ago
Press Release: Chicago Atlantic Real Estate -3-
Dow Jones · 15h ago
Press Release: Chicago Atlantic Real Estate -2-
The company has a total assets of $383,654,933 and a total liabilities of $359,000,000. The company has no debt and no liabilities. The board of directors of the company has agreed to buy back the common stock at a price of $0.75 per share.
Dow Jones · 15h ago
Notable earnings before Tuesday's open
Major earnings expected before the bell on Tuesday include: BP p.l.c. (BP) The Walt Disney and Duke Energy are among major companies slated for release before Tuesday's open. Other companies with major earnings scheduled for release include: Datadog (DDOG) and Nikola.
Seeking Alpha · 1d ago
Chicago Atlantic Real Estate Finance Q1 2024 Earnings Preview
Seeking Alpha · 1d ago
Weekly Report: what happened at REFI last week (0429-0503)?
Weekly Report · 1d ago
Chicago Atlantic Real Estate Finance Inc <REFI.OQ> expected to post earnings of 53 cents a share - Earnings Preview
Chicago Atlantic Real Estate Finance Inc expected to post earnings of 53 cents a share. The company is expected to report a 3.9% decrease in quarterly revenue to $15.888 million from $16.53 million. Average analyst rating on the shares is "buy" for the period ending March 31 2024.
Reuters · 4d ago
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About REFI
Chicago Atlantic Real Estate Finance, Inc. is a commercial mortgage real estate investment trust. The Company utilizes real estate, credit, and cannabis expertise to originate senior secured loans primarily to state-licensed cannabis operators in limited-license states in the United States. Its primary investment objective is to provide attractive, risk-adjusted returns for stockholders over time, primarily through consistent current income dividends and other distributions and, secondarily, through capital appreciation. It focuses on achieving this objective by originating, structuring and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its portfolio consists primarily of senior loans to state-licensed operators in the cannabis industry. The Company also invests in companies or properties that are not related to the cannabis industry. The Company is externally managed by Chicago Atlantic REIT Manager, LLC.