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Chicago Atlantic BDC faces task of explaining loan stagnation ahead of Q3 earnings release

Earnings Whispers · ·by G4L

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LIEN Chicago Atlantic BDC Inc
$9.05 -1.31%
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  1. 1Chicago Atlantic BDC Inc recorded earnings per share of $0.34 and revenue of $14 million last quarter.
  2. 2Consensus estimates project Chicago Atlantic BDC Inc to report $0.40 in Q3 earnings per share and $15.9 million in revenue.
  3. 3Management explained that the stagnation in new loans last quarter was simply a matter of transaction timing being delayed by a few weeks.

So what's the key point?

Chicago Atlantic BDC Inc earned $0.34 per share last quarter. Since these results were lower than expert expectations, the company needs to explain the reason for the delayed loans in the third quarter.

Source Earnings Whispers · View original ↗

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