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Sachem Capital Q2 2023 Earnings Report

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$1.16 +0.05 (+4.50%)
As of 04:10 PM Eastern

Sachem Capital EPS Results

Actual EPS
$0.11
Consensus EPS
$0.10
Beat/Miss
Beat by +$0.01
One Year Ago EPS
N/A

Sachem Capital Revenue Results

Actual Revenue
$16.46 million
Expected Revenue
$14.49 million
Beat/Miss
Beat by +$1.97 million
YoY Revenue Growth
N/A

Sachem Capital Announcement Details

Quarter
Q2 2023
Time
Q2 2023 Earnings Call
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Sachem Capital Earnings Headlines

Sachem Capital Corp. (SACH) Q4 2024 Earnings Call Transcript
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Sachem Capital price target lowered to $1.25 from $2 at Alliance Global
Q4 2024 Sachem Capital Corp Earnings Call
Sachem Capital Corp. Reports 2024 Financial Results
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About Sachem Capital

Sachem Capital (NYSEAMERICAN:SACH) operates as a real estate finance company in the United States. The company engages in the originating, underwriting, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real property. It offers short term loans to real estate investors or developers to fund its acquisition, renovation, rehabilitation, development, and/or improvement of residential or commercial properties. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. The company was founded in 2010 and is based in Branford, Connecticut.

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