MidCap Financial (NASDAQ: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.