Medallion Financial Corp reports results for the quarter ended December 31 - Earnings Summary

• Medallion Financial Corp MFIN.OQ reported quarterly adjusted earnings of 43 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 60 cents. The mean expectation of two analysts for the quarter was for earnings of 37 cents per share. Wall Street expected results to range from 33 cents to 41 cents per share.

• Revenue rose 6.1% to $52.01 million from a year ago; analysts expected $53.66 million.

• Medallion Financial Corp's reported EPS for the quarter was 43 cents​.

• The company reported quarterly net income of $10.14 million.

• Medallion Financial Corp shares had fallen by 13.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.5% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the banks peer group is also "hold"

This summary was machine generated from LSEG data March 5 at 01:42 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)