New Mountain Finance Corp expected to post earnings of 36 cents a share - Earnings Preview

New Mountain Finance

30/07/2024 02:56

* New Mountain Finance Corp  NMFC.OQ   NMFC.O  is expected
to show
a fall in quarterly revenue when it reports  results on July 31
for the period ending June 30 2024
    * The New York City-based  company is expected to report a
6.2% decrease in revenue to $89.604 million from $95.49 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for New Mountain Finance
Corp is
for earnings of 36 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for New
Mountain
Finance Corp is $13.00​, above​ its last closing price
of $12.42. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.37        0.38       0.36      Missed  -4.2
 Dec. 31 2024  0.39        0.40       0.40      Met     0.7
 Sep. 30 2023  0.40        0.40       0.38      Missed  -5.3​
 Jun. 30 2023  0.38        0.38       0.39      Beat    1.9
 ​​Mar.        0.36        0.36       0.31      Missed  -13.8
 31 2023                                                
 Jan. 1 0001   0.35        0.35       0.35      Met     1​
 Sep. 30 2022  0.31        0.31       0.30      Missed  -3.2
 Jan. 1 0001   0.30        0.30       0.32      Beat    6.7
 This summary was machine generated July 30 at 01:56 GMT.  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)