Medallion Financial Corp expected to post earnings of 36 cents a share - Earnings Preview

Medallion Financial

26/04/2024 21:12

* Medallion Financial Corp  MFIN.OQ   MFIN.O  is expected
to show
a rise in quarterly revenue when it reports  results on April 30
for the period ending March 31 2024
    * The New York City-based  company is expected to report a
14.0% increase in revenue to $49.702 million from $43.6 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Medallion Financial Corp
is
for earnings of 36 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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 $12.00​, above​ its last closing price
of $8.02. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.63        0.63       0.60      Missed  -4.8
 Sep. 30 2023  0.49        0.45       0.48      Beat    5.9
 Jun. 30 2023  0.37        0.36       0.62      Beat    73.8​
 Mar. 31 2023  0.32        0.30       0.67      Beat    123.3
 ​​Dec.        0.22        0.30       0.57      Beat    90
 31 2022                                                
 Sep. 30 2022  0.30        0.27       0.32      Beat    18.5​
 Jun. 30 2022  0.36        0.30       0.54      Beat    77.6
 Mar. 31 2022  0.34        0.31       0.39      Beat    27.7
 This summary was machine generated April 26 at 20:12 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)