AFC Gamma, Inc. (NASDAQ:AFCG) Q2 2024 Earnings Conference Call August 7, 2024 10:00 AM ET Company Participants Gabriel Katz – Chief Legal Officer Daniel Neville – Chief Executive Officer Robyn Tannenbaum – President Brandon Hetzel – Chief Financial Officer Conference Call Participants Pablo Zuanic – Zuanic & Associates Operator Good morning, and welcome to Advanced Flower Capital's Second Quarter 2024 Earnings Call. At this time all participants are in a listen-only mode. Later we will conduct a question-an ...

AFC Gamma Inc. (AFCG) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.49 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12%. A quarter ago, it was expected that this company would post earnings of $0.50 per share when it actually produced earnings of $0.49, delivering a surprise of -2%.Over the last four quarters, the company has sur ...

AFC Gamma, Inc. Announces Financial Results for Second Quarter 2024 Second quarter 2024 GAAP net income of $16.4 million or $0.80 per basic weighted average common share and Distributable Earnings of $11.4 million or $0.56 per basic weighted average common share Paid dividend of $0.48 per common share for second quarter 2024 (1) WEST PALM BEACH, FL, August 7, 2024 (GLOBE NEWSWIRE) – AFC Gamma, Inc. (NASDAQ:AFCG) ("Advanced Flower Capital", "AFC" or the "Company") today announced its results for the second q ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-39995 AFC GAMMA, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporati ...

AFC Gamma Inc. (AFCG) shares ended the last trading session 5.4% higher at $9.51. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 28.1% loss over the past four weeks.AFC Gamma share price rallied in the last trading session driven by optimism surrounding the company’s recent spin-off of its commercial real estate (“CRE”) portfolio into an independent, publicly traded company -- Sunrise Realty Trust, Inc. (“SUNS”). ...

WEST PALM BEACH, Fla., July 15, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (Nasdaq: AFCG) (“Advanced Flower Capital” or “AFC”) today announced that it plans to report earnings for the quarter ended June 30, 2024 on Wednesday, August 7, 2024. Advanced Flower Capital will host a conference call at 10:00 am Eastern Time on Wednesday, August 7, 2024 to discuss its quarterly financial results. All interested parties are welcome to participate. The call will be available through a live audio webcast at the Investor ...

WEST PALM BEACH, Fla., July 15, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (Nasdaq: AFCG) ("Advanced Flower Capital" or "AFC") today announced that it plans to report earnings for the quarter ended June 30, 2024 on Wednesday, August 7, 2024. Advanced Flower Capital will host a conference call at 10:00 am Eastern Time on Wednesday, August 7, 2024 to discuss its quarterly financial results. All interested parties are welcome to participate. The call will be available through a live audio webcast at the Investor ...

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Record Date for Distribution of Sunrise Realty Trust to be July 8, 2024Distribution Date to be July 9, 2024 WEST PALM BEACH, Fla., July 08, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (NASDAQ:AFCG) ("AFC Gamma") today reconfirms that the spin-off of its commercial real estate portfolio into an independent, publicly-traded REIT, Sunrise Realty Trust, Inc. ("SUNS"), will be completed on July 9, 2024. Shareholders of AFC Gamma common stock as of the close of business on July 8, 2024 (the "Record Date") will recei ...

Aerial_Views/E+ via Getty Images Real Estate Weekly Outlook U.S. equity markets were little changed this week while long-term benchmark interest rates surged as investors assessed the potential political and economic fallout from a disastrous debate performance by President Biden, setting the stage for a potentially volatile and unpredictable second half of 2024. Beneath the political drama, investors parsed corporate commentary and economic data that pointed towards a further slowdown in U.S. consumer spen ...