Medley Management Inc. (MDLY) Posts Earnings Results, Misses Expectations By $0.03 EPS

Medley Management Inc. (NYSE:MDLY) issued its quarterly earnings data on Tuesday. The asset manager reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.03), Bloomberg Earnings reports. Medley Management had a negative return on equity of 43.71% and a net margin of 2.68%. The company had revenue of $16.65 million for the quarter, compared to analyst estimates of $19.00 million. During the same quarter in the previous year, the business earned $0.14 earnings per share. The company’s revenue was down 11.8% on a year-over-year basis.

Shares of Medley Management (NYSE:MDLY) opened at $5.80 on Tuesday. Medley Management has a twelve month low of $5.50 and a twelve month high of $10.65. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of -2.16. The company has a market cap of $31.38, a price-to-earnings ratio of 12.29 and a beta of 1.32.

Separately, ValuEngine lowered shares of Medley Management from a “buy” rating to a “hold” rating in a report on Saturday, August 12th.

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Medley Management Company Profile

Medley Management Inc is an asset management firm offering yield solutions to retail and institutional investors. The Company operates in the investment management segment. It is focused on credit-related investment strategies, primarily originating senior secured loans to private middle market companies in the United States.

Earnings History for Medley Management (NYSE:MDLY)

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