Medallion Financial Corp expected to post earnings of 28 cents a share - Earnings Preview

Medallion Financial

30/10/2021 03:05

* Medallion Financial Corp  MFIN.OQ   MFIN.O  is expected
to show a rise in quarterly revenue when it reports results on
November 1. 
* The New York City, New York-based company is expected to
report  a 11.6% increase in revenue to $32.416 million from
$29.06 million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Medallion Financial
Corp is for earnings of 28 cents per share. For the same quarter
last year, the company reported a loss of 97 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Medallion
Financial Corp is $11​, about 22.1% above​ its last closing
price of $8.57. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.31        0.29       0.41      Beat    39.8
 Mar. 31 2021  0.20        0.19       0.27      Beat    40.6
 Dec. 31 2020  0.25        0.25       0.26      Beat    5.4​
 Sep. 30 2020  0.13        0.11       -0.97     Missed  -981.8
 Jun.          -0.05​      -0.05      -0.16     Missed  -242.8
 30​ 2020​                                              ​
 Mar. 31 2020  0.12        0.12       -0.41     Missed  -451.4
                                                        ​
 Dec. 31 2019  0.11        0.11       0.11      Met     0
 Sep. 30 2019  0.05        0.09       0.20      Beat    135.3
 This summary was machine generated October 30 at 02:05 GMT.  All
figures in US dollars unless otherwise stated