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Medallion Financial Corp reports results for the quarter ended June 30 - Earnings Summary

Medallion Financial Corp MFIN.OQ reported quarterly adjusted earnings of 41 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 30 cents.  The mean expectation of two analysts for the quarter was for earnings of 32 cents per share. Wall Street expected results to range from 30 cents to 33 cents per share.

Revenue rose 7% to $53.37 million from a year ago; analysts expected $53.19 million.

Medallion Financial Corp's reported EPS for the quarter was 46 cents​.

The company reported quarterly net income of $11.07 million.

Medallion Financial Corp shares had risen by 7.6% this quarter and gained 9.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 20.3% 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 no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is  "buy."

Wall Street's median 12-month price target for Medallion Financial Corp is $11.00, about 6.8% above its last closing price of $10.25

This summary was machine generated from LSEG data July 30 at 09:45 p.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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.320.41Beat
Mar. 31 20250.370.50Beat
Dec. 31 20240.370.55Beat
Sep. 30 20240.370.37Met

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