Preview: Chicago Atlantic Real's Earnings
Portfolio Pulse from Benzinga Insights
Chicago Atlantic Real (NASDAQ:REFI) is scheduled to release its quarterly earnings report on March 12, 2024. Analysts predict an EPS of $0.51. The company's historical performance shows mixed results with both earnings beats and misses, leading to varied stock price reactions. Shares have increased by 25.54% over the last 52 weeks, indicating a positive outlook from long-term shareholders. Investors will be keenly watching for the earnings outcome and any forward guidance provided.
March 11, 2024 | 6:01 pm
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Chicago Atlantic Real is expected to report an EPS of $0.51 for the upcoming quarter. Historical data shows mixed reactions to past earnings, with the stock price fluctuating accordingly. The stock has seen a 25.54% increase over the past year, indicating positive sentiment among long-term investors.
The expected EPS of $0.51 sets a benchmark for Chicago Atlantic Real's performance. Historical earnings performance and subsequent stock price reactions indicate that while the company has had both positive and negative short-term price movements post-earnings, the overall long-term trend has been positive. Given this, the short-term impact is assessed as neutral due to the mixed historical reactions, but with a high relevance and importance due to the potential implications of the earnings report on investor sentiment.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100