Chicago Atlantic (REFI) Q2 EPS Beats 9%
Chicago Atlantic Real Estate Finance (NASDAQ:REFI), a specialty finance company focused on lending to the regulated cannabis industry, announced its second quarter 2025 results on August 7, 2025. The most significant news was a Non-GAAP earnings-per-share (EPS) beat, with $0.51 in distributable (non-GAAP) EPS versus a $0.47 estimate, while revenue (non-GAAP) missed expectations by 23.9%. The release reflects higher loan yields and continued portfolio discipline but also shows a decline in GAAP EPS. Compared to expectations, the company outperformed on distributable earnings (non-GAAP) but fell short on revenue (non-GAAP), indicating both strengths and challenges this quarter. Management reaffirmed its full-year outlook and held the quarterly dividend steady, signaling stability amid industry uncertainty.
Source: Analyst estimates for the quarter provided by FactSet.
Chicago Atlantic Real Estate Finance is a real estate investment trust (REIT) specializing in originating and managing commercial real estate loans for companies in the regulated cannabis sector. Its core activity is providing first mortgage loans and other secured financings primarily to well-established, state-licensed cannabis operators. By targeting a sector where traditional banking access remains limited, the company aims to earn high risk-adjusted yields.
Source Fool.com
