New Mountain Finance Q2 EPS $0.39, Inline, Sales $95.49M Beat $93.58M Estimate
Portfolio Pulse from bharat@benzinga.com
New Mountain Finance (NASDAQ:NMFC) reported Q2 earnings of $0.39 per share, in line with analyst consensus. This is a 25.81% increase from the same period last year. The company also reported quarterly sales of $95.49 million, beating the analyst consensus estimate of $93.58 million by 2.04%. This is a 30.61% increase from the same period last year.
August 04, 2023 | 12:16 pm
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POSITIVE IMPACT
New Mountain Finance's Q2 earnings met expectations and sales beat estimates, indicating a strong financial performance.
The company's earnings met analyst expectations and sales exceeded estimates, which is generally a positive signal for the company's financial health and could lead to a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100