Medallion Finl Q3 EPS $0.48 Beats $0.45 Estimate, Sales $53.09M Beat $48.51M Estimate
Portfolio Pulse from mahesh@benzinga.com
Medallion Financial Corp. (NASDAQ:MFIN) reported Q3 earnings of $0.48 per share, beating the analyst consensus estimate of $0.45 by 6.67%. This is a 50% increase from the same period last year. The company also reported quarterly sales of $53.09 million, beating the analyst consensus estimate of $48.51 million by 9.44%, a 26.98% increase from the same period last year.
October 30, 2023 | 8:08 pm
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POSITIVE IMPACT
Medallion Financial's Q3 earnings and sales exceeded estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock.
Medallion Financial's Q3 earnings and sales have exceeded the analyst consensus estimates, indicating a strong financial performance. This positive news could potentially lead to an increase in investor confidence and a positive impact on the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100