MEDALLION FINANCIAL CORP (MFIN) announced earnings for fourth quarter that decreased from last year but beat the Street estimates.
The company's bottom line totaled $10.14 million, or $0.43 per share. This compares with $14.32 million, or $0.60 per share, last year.
Analysts on average had expected the company to earn $0.33 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 6.1% to $52.01 million from $49.02 million last year.
MEDALLION FINANCIAL CORP earnings at a glance (GAAP) :
-Earnings: $10.14 Mln. vs. $14.32 Mln. last year.
-EPS: $0.43 vs. $0.60 last year.
-Revenue: $52.01 Mln vs. $49.02 Mln last year.
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