Sachem Capital Corp. (SACH) Reports Q3 Loss, Misses Revenue Estimates
Portfolio Pulse from
Sachem Capital Corp. (SACH) reported a Q3 loss of $0.13 per share, missing the Zacks Consensus Estimate of $0.09. This is a significant decline compared to earnings of $0.12 per share a year ago.
November 14, 2024 | 2:45 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Sachem Capital Corp. reported a Q3 loss of $0.13 per share, missing the consensus estimate of $0.09 and showing a decline from last year's $0.12 earnings per share.
The reported loss and missed revenue estimates are likely to negatively impact SACH's stock price in the short term. The significant decline from last year's earnings further exacerbates the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100