Investing.com - Chicago Atlantic Real Estate Finance reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Chicago Atlantic Real Estate Finance announced earnings per share of $0.58 on revenue of $12.93M. Analysts polled by Investing.com anticipated EPS of $0.53 on revenue of $12.75M.
Chicago Atlantic Real Estate Finance shares are down 16.73% from the beginning of the year, still down 27.99% from its 52 week high of $20.29 set on January 19.
Chicago Atlantic Real Estate Finance shares lost 4.52% in pre-market trade following the report.
Chicago Atlantic Real Estate Finance follows other major Financial sector earnings this month
Chicago Atlantic Real Estate Finance's report follows an earnings missed by Berkshire Hathaway A on Saturday, who reported EPS of $-1,832 on revenue of $76.9B, compared to forecasts EPS of $4,518.39 on revenue of $74.9B.
JPMorgan had beat expectations on October 14 with third quarter EPS of $3.12 on revenue of $32.72B, compared to forecast for EPS of $2.92 on revenue of $32.13B.
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