AFC Gamma Inc. (AFCG) Misses Q1 Earnings and Revenue Estimates

Core Viewpoint - AFC Gamma Inc. reported quarterly earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.25 per share, and down from $0.49 per share a year ago, indicating a significant earnings surprise of -16% [1][2] Financial Performance - The company posted revenues of $6.64 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 14.17%, and a decline from $16.36 million year-over-year [2] - Over the last four quarters, AFC Gamma has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Stock Performance - AFC Gamma shares have declined approximately 30.7% since the beginning of the year, contrasting with the S&P 500's gain of 0.1% [3] - The current consensus EPS estimate for the upcoming quarter is $0.26 on revenues of $8.6 million, and for the current fiscal year, it is $1.06 on revenues of $38.76 million [7] Industry Outlook - The REIT and Equity Trust industry, to which AFC Gamma belongs, is currently ranked in the bottom 30% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact AFC Gamma's stock performance [5][6]