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Medallion Financial (MFIN) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

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Medallion Financial (MFIN - Free Report) reported $53.09 million in revenue for the quarter ended September 2023, representing a year-over-year increase of 27%. EPS of $0.48 for the same period compares to $0.32 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $49.3 million, representing a surprise of +7.69%. The company delivered an EPS surprise of +17.07%, with the consensus EPS estimate being $0.41.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Medallion Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Writedown of loan collateral in process of foreclosure: -$0.03 million versus -$0.34 million estimated by two analysts on average.
  • Total Non Interest Income: $4.31 million versus the two-analyst average estimate of $0.79 million.
  • Net Interest Income: $48.78 million versus $48.51 million estimated by two analysts on average.
View all Key Company Metrics for Medallion Financial here>>>

Shares of Medallion Financial have returned -7.1% over the past month versus the Zacks S&P 500 composite's -3.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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