On Tuesday 29th October 2024, Medallion Financial Corp (NASDAQ: MFIN) will release its highly anticipated third quarter financial results. This important announcement is scheduled to occur after market close.
the organization is projected to announce an estimated per share $0.37 profit for the quarter, as predicted by financial analysts on Wall Street. Moreover, the company is expected to disclose a total revenue of $52.3 million for this period.
Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $203.44 million. Additionally, they expect the company to reach profit of $1.49 per share for the fiscal year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.48. This figure was a result of the company's total revenue, which reached an impressive $53.09 million million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.30 | -51.6% | 50.97 M | +4.8% |
| Q1 2024 | $0.42 | -37.3% | 53.32 M | +16.7% |
| Q4 2023 | $0.60 | +5.3% | 52.01 M | +17.0% |
| Q3 2023 | $0.48 | +50.0% | 53.09 M | +27.0% |
| Q2 2023 | $0.62 | +14.8% | 48.63 M | +5.2% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 30th October 2024 at 09:00 AM eastern time to review the Q3 2024 financial results.
Medallion Financial Corp (MFIN) closed Friday's regular trading session at $9.07, marking a 0.55 percent advance, with a volume of 57.30 thousand shares.
