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

Medallion Financial

27/10/2022 22:02

* Medallion Financial Corp  MFIN.OQ  reported quarterly
adjusted
earnings of 32 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of 27 cents per share.
    * Revenue rose 23.4% to $42.04 million from a year ago;
analysts
expected $38.78 million. 
    * Medallion Financial Corp's reported EPS for the quarter
was 32
cents​.
    * The mean earnings estimate of analysts had fallen by
about 21.7%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Medallion Financial Corp shares had risen by 3.0% this
quarter and gained 24.7% so far this year.
    * The company reported quarterly net income of $7.64
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 "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
27 at 09:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.27           0.32           Beat
 Jun. 30 2022      0.30           0.54           Beat
 Mar. 31 2022      0.31           0.39           Beat
 Dec. 31 2021      0.32           0.78           Beat