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

Medallion Financial

30/10/2023 21:02

* Medallion Financial Corp  MFIN.OQ  reported quarterly
adjusted
earnings of 48 cents​​ per share for the quarter ended in
September. The mean expectation of three analysts for the
quarter was for earnings of 45 cents per share.
    * Revenue rose 16% to $48.78 million from a year ago;
analysts
expected $48.51 million. 
    * Medallion Financial Corp's reported EPS for the quarter
was 48
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.4%
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 7.1% this
quarter and lost 8.7% so far this year.
    * The company reported quarterly net income of $11.23
million.
    * Wall Street's median 12-month price target for Medallion
Financial Corp is $11.00 
    * 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
October 30 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2022      0.30           0.57           Beat