Medallion Finl Earnings Preview
Benzinga Insights 2 years ago
Earnings
Medallion Finl (NASDAQ:MFIN) will release its quarterly earnings report on Tuesday, 2024-10-29. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Medallion Finl to report an earnings per share (EPS) of $0.37.
The announcement from Medallion Finl is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Earnings History Snapshot
During the last quarter, the company reported an EPS missed by $0.05, leading to a 2.6% increase in the share price on the subsequent day.
Here's a look at Medallion Finl's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.35 | 0.36 | 0.63 | 0.45 |
| EPS Actual | 0.30 | 0.42 | 0.60 | 0.48 |
| Price Change % | 3.0% | 5.0% | -18.0% | 12.0% |
Performance of Medallion Finl Shares
Shares of Medallion Finl were trading at $9.07 as of October 25. Over the last 52-week period, shares are up 26.06%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for Medallion Finl visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.