MidCap Financial: Q3 Earnings Insights

MidCap Financial MFIC reported its Q3 earnings results on Monday, February 26, 2024 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

MidCap Financial beat estimated earnings by 7.000000000000001%, reporting an EPS of $0.46 versus an estimate of $0.43.

Revenue was up $8.63 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 3.0% drop in the share price the next day.

Here's a look at MidCap Financial's past performance:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate 0.44 0.43 0.42 0.37
EPS Actual 0.43 0.44 0.45 0.43
Revenue Estimate 68.67M 67.66M 63.95M 61.68M
Revenue Actual 68.17M 68.62M 67.78M 63.32M

To track all earnings releases for MidCap Financial visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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