Medallion Finl Q3 EPS $0.37, Inline, Sales $53.32M Beat $52.30M Estimate
Portfolio Pulse from Benzinga Newsdesk
Medallion Financial (NASDAQ:MFIN) reported Q3 earnings per share of $0.37, meeting analyst expectations, but down 22.92% from last year. Sales were $53.32M, beating estimates by 1.96% and up 0.44% from last year.
October 29, 2024 | 8:42 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Medallion Financial's Q3 earnings per share met expectations at $0.37, but showed a significant decrease from last year. Sales slightly exceeded expectations, showing modest growth.
The earnings per share met expectations, which is neutral for the stock price. However, the significant year-over-year decrease in EPS could be a concern for investors. The slight beat in sales estimates and modest growth may provide some support, balancing the overall impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100