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

Medallion Financial

24/07/2023 22:02

* Medallion Financial Corp  MFIN.OQ  reported quarterly
adjusted
earnings of 62 cents​​ per share for the quarter ended in June.
The mean expectation of three analysts for the quarter was
for earnings of 36 cents per share.
    * Revenue rose 20.1% to $46.69 million from a year ago;
analysts
expected $44.65 million. 
    * Medallion Financial Corp's reported EPS for the quarter
was 62
cents​.
    * The mean earnings estimate of analysts had risen by
about 29.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Medallion Financial Corp shares had risen by 3.7% this
quarter and gained 14.8% so far this year.
    * The company reported quarterly net income of $14.17
million.
    * Wall Street's median 12-month price target for Medallion
Financial Corp is $9.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
24 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.36           0.62           Beat
 Mar. 31 2023      0.30           0.67           Beat
 Dec. 31 2022      0.30           0.57           Beat
 Sep. 30 2022      0.27           0.32           Beat