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

New Mountain Finance

06/05/2021 21:10

* New Mountain Finance Corp  NMFC.OQ  reported quarterly
adjusted earnings of 26 cents​​ per share for the quarter ended
in March. The mean expectation of six analysts for the quarter
was for earnings of 30 cents per share.
* Revenue fell 8.6% to $67.71 million from a year ago​; 
analysts expected $67.11 million.
* New Mountain Finance Corp's reported EPS for the quarter was
49 cents​.
* The mean earnings estimate of analysts had fallen by
about 0.7% 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 3.0% this
quarter and gained 12.4% so far this year.
* The company reported quarterly net income of $51.49 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," 3
"hold" and no "sell" or "strong sell." 
This summary was machine generated May 6 at 08:10 p.m. GMT. ​All
figures in US Dollars.​