MidCap Financial Q1 EPS $0.39 Misses $0.43 Estimate, Sales $68.62M Beat $67.66M Estimate
Portfolio Pulse from Benzinga Newsdesk
MidCap Financial (NASDAQ:MFIC) reported Q1 earnings of $0.39 per share, missing the analyst consensus estimate of $0.43 by 9.3 percent. However, the company's quarterly sales of $68.62 million beat the analyst consensus estimate of $67.66 million by 1.41 percent.
August 04, 2023 | 12:19 pm
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MidCap Financial's Q1 earnings per share missed estimates, but sales beat expectations. This mixed result could lead to uncertainty in the market.
MidCap Financial's earnings per share fell short of analyst estimates, which could negatively impact the stock. However, the company's sales exceeded expectations, which could offset some of the negative impact. The mixed results create uncertainty about the short-term direction of the stock.
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