Earnings Preview: Chicago Atlantic BDC

Chicago Atlantic BDC LIEN is gearing up to announce its quarterly earnings on Friday, 2024-11-08. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Chicago Atlantic BDC will report an earnings per share (EPS) of $0.20.

Anticipation surrounds Chicago Atlantic BDC's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Past Earnings Performance

In the previous earnings release, the company beat EPS by $0.14, leading to a 2.52% drop in the share price the following trading session.

Here's a look at Chicago Atlantic BDC's past performance and the resulting price change:

Performance of Chicago Atlantic BDC Shares

Shares of Chicago Atlantic BDC were trading at $12.89 as of November 05. Over the last 52-week period, shares are up 40.26%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Chicago Atlantic BDC visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.