New Mountain Finance Q3 2024 Adj. EPS $0.34 Misses $0.35 Estimate, Sales $95.327M Beat $94.103M Estimate
Portfolio Pulse from Benzinga Newsdesk
New Mountain Finance reported Q3 2024 earnings per share of $0.34, missing the consensus estimate of $0.35. However, the company's sales of $95.327 million exceeded expectations of $94.103 million, marking a 1.04% increase from the previous year.

October 30, 2024 | 8:27 pm
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New Mountain Finance's Q3 2024 EPS of $0.34 missed estimates, but sales of $95.327M beat expectations. This mixed result may lead to short-term stock price volatility.
The earnings per share (EPS) miss by $0.01 could negatively impact investor sentiment, but the sales beat by $1.224 million may offset this. The mixed results suggest potential short-term volatility in NMFC's stock price.
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