New Mountain Finance Corp reports results for the quarter ended September 30 - Earnings Summary
New Mountain Finance Corp reports results for the quarter ended September 30 - Earnings Summary
New Mountain Finance Corp NMFC.OQ reported quarterly adjusted earnings of 25 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 32 cents. The mean expectation of seven analysts for the quarter was for earnings of 26 cents per share. Wall Street expected results to range from 25 cents to 27 cents per share.
Revenue fell 25% to $60.41 million from a year ago; analysts expected $61.11 million.
New Mountain Finance Corp's reported EPS for the quarter was 4 cents.
The company reported quarterly net income of $3.48 million.
New Mountain Finance Corp shares had risen by 1.6% this quarter and lost 23.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.6% 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 "hold" and the breakdown of recommendations is no "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the closed end funds peer group is "buy."
Wall Street's median 12-month price target for New Mountain Finance Corp is $8.00, about 12.1% above its last closing price of $7.03
This summary was machine generated from LSEG data November 2 at 11:43 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 |
Sep. 30 2026 | 0.26 | 0.25 | Missed |
Jun. 30 2026 | 0.26 | 0.26 | Met |
Mar. 31 2026 | 0.32 | 0.32 | Met |
Dec. 31 2025 | 0.32 | 0.30 | Missed |
Recent news on New Mountain Finance
See all newsNew Mountain Finance Corp reports results for the quarter ended September 30 - Earnings Summary
New Mountain Finance Q3 adjusted net investment income falls YoY
Brief: New Mountain Finance Corporation Announces The Extension Of Its Stock Repurchase Program
New Mountain Finance Corp reports results for the quarter ended June 30 - Earnings Summary
New Mountain Finance Q2 net investment income falls year over year