Sachem Capital's earnings at $0.42 exceed expectations, while profits fall short of forecasts.

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Sachem Capital's earnings at $0.42 exceed expectations, while profits fall short of forecasts.

According to Sachem Capital's (NYSE: SACH) report, the first-quarter earnings per share were $0.150, exceeding analysts' expectations of -$0.273 by $0.42. The profit reported for this quarter was set at $10.36 million, while analyst projections were at $14.92 million.

Sachem Capital's stock closed at $1.15, indicating a significant decline of -7.260% over the past three months and a staggering -76.460% drop over the last year. In the last 90 days, the company reported 0 positive earnings per share and 2 negative earnings per share. Explore how Sachem Capital's stock price reacted to past earnings reports. According to InvestingPro, Sachem Capital has a financial health score of "Very Good Performance." Review the latest earnings reports and all financial information about Sachem Capital here. Stay updated on balance sheet developments by visiting the Investing.com Earnings Calendar.