|Bid||32.49 x 0|
|Ask||32.51 x 0|
|Day's range||34.19 - 34.19|
|52-week range||30.50 - 37.61|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Medallion Financial (MFIN) delivered earnings and revenue surprises of 25.81% and 4.16%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Shares of fiber optics and "Gorilla glass" manufacturer Corning Incorporated (NYSE: GLW) surged after the company released Q1 earnings this week, rising as much as 5% over their pre-earnings share price -- and for good reason. Corning's sales jumped 15% year-over-year in Q1, with core earnings (a non-GAAP metric) rising even faster -- up 20%. Actual earnings calculated according to generally accepted accounting principles (GAAP) were both better and worse, though -- better because it turns out Corning actually earned $0.68 per share according to GAAP, and worse because this was only a 1% improvement over last year's Q1.
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