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Why MidCap Financial is Poised to Beat Earnings Estimates Again
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider MidCap Financial Investment (NASDAQ: MFIC). This company, which is in the Zacks Financial - Miscellaneous Services industry, shows potential for another earnings beat.
When looking at the last two reports, this investment company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 4.65%, on average, in the last two quarters.
For the most recent quarter, MidCap Financial was expected to post earnings of $0.43 per share, but it reported $0.44 per share instead, representing a surprise of 2.33%. For the previous quarter, the consensus estimate was $0.43 per share, while it actually produced $0.46 per share, a surprise ...