New Mountain Finance Corp reports results for the quarter ended in June - Earnings Summary

New Mountain Finance

02/08/2023 22:56

* New Mountain Finance Corp  NMFC.OQ  reported quarterly
adjusted
earnings of 39 cents​​ per share for the quarter ended in June.
The mean expectation of seven analysts for the quarter was
for earnings of 38 cents per share.
    * Revenue rose 30.6% to $95.49 million from a year ago;
analysts
expected $92.16 million. 
    * New Mountain Finance Corp's reported EPS for the quarter
was 35
cents​.
    * The mean earnings estimate of analysts had risen by
about 5.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * New Mountain Finance Corp shares had risen by 2.2% this
quarter and gained 2.7% so far this year.
    * The company reported quarterly net income of $34.83
million.
    * Wall Street's median 12-month price target for New
Mountain
Finance Corp is $13.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 09:56 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.38           0.39           Beat
 Mar. 31 2023      0.36           0.31           Missed
 Dec. 31 2022      0.35           0.35           Met
 Sep. 30 2022      0.31           0.30           Missed