An Overview of MidCap Financial's Earnings

MidCap Financial MFIC is gearing up to announce its quarterly earnings on Thursday, 2024-11-07. Here's a quick overview of what investors should know before the release.

Analysts are estimating that MidCap Financial will report an earnings per share (EPS) of $0.42.

Investors in MidCap Financial are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Earnings Track Record

The company's EPS beat by $0.02 in the last quarter, leading to a 2.46% increase in the share price on the following day.

Here's a look at MidCap Financial's past performance and the resulting price change:

Stock Performance

Shares of MidCap Financial were trading at $13.21 as of November 05. Over the last 52-week period, shares are up 2.84%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for MidCap Financial visit their earnings calendar on our site.

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