Top Financial Stocks:
JPM: +0.99%
BAC: +0.53%
WFC: +0.67%
C: +0.63%
USB: Flat
Financial stocks were higher in pre-bell trading Tuesday.
Early movers include:
(+) On Deck Capital ( ONDK ), which was advancing by more than 7% with the release of its Q4 results, with adjusted earnings doubling to $0.20 per diluted share from $0.10 a year ago. That beat the $0.16 average estimate from analysts polled by Capital IQ.
(-) MoneyGram ( MGI ) was slumping more than 10% after the money-transfer company reported non-GAAP Q4 net income of $0.01 per share, down compared with a $0.26 per share adjusted profit during the year-ago period and missing the Capital IQ consensus expecting $0.12 per share for the three months ended Dec 31.
(-) Medley Capital ( MCC ) was down more than 3% after booking fiscal Q1 net investment income of $0.03 per share, compared with the prior-year period's $0.13 per share. Adjusted net investment income was $0.05 per share. An analyst polled by Capital IQ expected an EPS of $0.03.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
