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Sachem Capital 8/14/2024 Earnings Report

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$1.25 +0.02 (+1.22%)
As of 10:44 AM Eastern
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Sachem Capital EPS Results

Actual EPS
-$0.09
Consensus EPS
$0.11
Beat/Miss
Missed by -$0.20
One Year Ago EPS
N/A

Sachem Capital Revenue Results

Actual Revenue
$15.15 million
Expected Revenue
$16.14 million
Beat/Miss
Missed by -$990.00 thousand
YoY Revenue Growth
N/A

Sachem Capital Announcement Details

Quarter
Time
Before Market Opens

Sachem Capital Earnings Headlines

Red Flags In Sachem Capital Corp.
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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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