New Mountain Finance Corp reports results for the quarter ended June 30 - Earnings Summary

Reuters
2025.08.04 21:53
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New Mountain Finance CorpQ) reported adjusted earnings of 32 cents per share for the quarter ended June 30, down from 36 cents a year ago. Revenue decreased by 11.7% to $83.49 million, missing analyst expectations of $84.57 million. The company’s net income was $7.77 million, and its shares fell by 1.2% this quarter. Analysts maintain a "buy" rating, with a median 12-month price target of $11.38, 8.4% above the last closing price of $10.42.

  • New Mountain Finance Corp (NMFC.OQ) reported quarterly adjusted earnings of 32 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 36 cents. The mean expectation of seven analysts for the quarter was for earnings of 32 cents per share. Wall Street expected results to range from 32 cents to 32 cents per share.
  • Revenue fell 11.7% to $83.49 million from a year ago; analysts expected $84.57 million.
  • New Mountain Finance Corp’s reported EPS for the quarter was 7 cents​.
  • The company reported quarterly net income of $7.77 million.
  • New Mountain Finance Corp shares had fallen by 1.2% this quarter and lost 7.5% so far this year. FORECAST CHANGES
  • The mean earnings estimate of analysts had fallen by about 0.7% in the last three months.​
  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company. RECOMMENDATIONS
  • The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 3 “strong buy” or “buy,” 4 “hold” and no “sell” or “strong sell.” The average consensus recommendation for the closed end funds peer group is “hold.”
  • Wall Street’s median 12-month price target for New Mountain Finance Corp is $11.38, about 8.4% above its last closing price of $10.42 This summary was machine generated from LSEG data August 4 at 09:53 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Jun. 30 2025 0.32 0.32 Met

Mar. 31 2025 0.32 0.32 Met

Dec. 31 2024 0.33 0.28 Missed

Sep. 30 2024 0.35 0.34 Missed