New Mountain Finance Corp reports results for the quarter ended March 31 - Earnings Summary

New Mountain Finance

05/05/2025 22:49

New Mountain Finance Corp NMFC.OQ reported quarterly adjusted earnings of 32 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 36 cents.  The mean expectation of seven analysts for the quarter was for earnings of 32 cents per share. Wall Street expected results to range from 32 cents to 33 cents per share.

Revenue fell 5.4% to $85.66 million from a year ago; analysts expected $86.65 million.

New Mountain Finance Corp's reported EPS for the quarter was 22 cents​.

The company reported quarterly net income of $23.41 million.

New Mountain Finance Corp shares had fallen by 9.6% this quarter and lost 11.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1.3% 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 "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the closed end funds peer group is also "buy"

Wall Street's median 12-month price target for New Mountain Finance Corp is $12.25

This summary was machine generated from LSEG data May 5 at 09:49 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 ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
0.32
0.32
Met
Dec. 31 2024
0.33
0.28
Missed
Sep. 30 2024
0.35
0.34
Missed
Jun. 30 2024
0.36
0.36
Met