Medallion Financial Corp reports results for the quarter ended in December - Earnings Summary

Medallion Financial

21/02/2024 10:53

* Medallion Financial Corp  MFIN.OQ  reported quarterly
adjusted
earnings of 60 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of 57 cents.  The mean expectation of
three analysts for the quarter was for earnings of 63 cents per
share. Wall Street expected results to range from 60 cents to 68
cents per share.
    * Revenue rose 12.5% to $49.02 million from a year ago;
analysts
expected $49.89 million. 
    * Medallion Financial Corp's reported EPS for the quarter
was 60
cents​.
    * The company reported quarterly net income of $14.32
million.
    * Medallion Financial Corp shares had fallen by 0.5% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for Medallion
Financial Corp is $12.00 

This summary was machine generated from LSEG data February 21 at
10:52 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.63           0.60           Missed
 Sep. 30 2023      0.45           0.48           Beat
 Jun. 30 2023      0.36           0.62           Beat
 Mar. 31 2023      0.30           0.67           Beat