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

Medallion Financial

01/05/2023 22:01

* Medallion Financial Corp  MFIN.OQ  reported quarterly
adjusted
earnings of 67 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 30 cents per share.
    * Revenue rose 33.6% to $43.60 million from a year ago;
analysts
expected $39.31 million. 
    * Medallion Financial Corp's reported EPS for the quarter
was 67
cents​.
    * 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. 
    * Medallion Financial Corp shares had fallen by 22.6% this
quarter and lost 16.8% so far this year.
    * The company reported quarterly net income of $15.36
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 May
1 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.30           0.67           Beat
 Dec. 31 2022      0.30           0.57           Beat
 Sep. 30 2022      0.27           0.32           Beat
 Jun. 30 2022      0.30           0.54           Beat