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

New Mountain Finance

11/05/2022 04:59

* 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 13.6% to $58.48 million from a year ago; 
analysts
expected $68.03 million. 
    * New Mountain Finance Corp's reported EPS for the quarter
was 34
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.3%
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 fallen by 6.9% this
quarter and lost 5.8% so far this year.
    * The company reported quarterly net income of $36.19
million.
    * Wall Street's median 12-month price target for New
Mountain
Finance Corp is $14.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 11 at 03:58 a.m.  ​All
figures in US dollars unless otherwise stated