Sachem Capital Reports Second Quarter 2024 Results – Reports Quarterly Revenues of $15.1 Million
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall St tumbles on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Jones Trading Reiterates Hold Rating on Sachem Capital Corp. (SACH)
August 14, 2024 4:01 PM EDTJones Trading analyst Jason Weaver reiterated a Hold rating on Sachem Capital Corp. (NYSE: SACH).
The analyst comments "We reiterate our Hold rating on SACH shares. The company reported GAAP EPS of ($0.09) vs. our ($0.01) estimate and consensus mean of $0.10. Adjusted EPS came in at $0.09, largely due to an $8.5mm credit loss provision during the quarter. The GAAP miss is due to the CECL provision which... More
