How did MFIC's Q4 2023 EPS outperform forecasts?

MidCap Financial Investment (MFIC) reported an EPS of $0.31 for Q4 2023, which fell short of the analyst estimate of $0.42. However, when compared to the previous quarter's EPS of $0.45, there was a notable decline. This performance indicates a challenging period for the company, as evidenced by the lower-than-expected EPS and a decrease from the previous quarter's figure.

|code|Ticker|Name|Date|Estimate EPS|EPS Surprise|market_code|
|---|---|---|---|---|---|---|
|MFIC|MFIC.O|MidCap Financial|2024 Q1|0.43|0.01|185|
|MFIC|MFIC.O|MidCap Financial|2024 Q2|0.43|0.02|185|
|MFIC|MFIC.O|MidCap Financial|2024 Q3|0.43||185|
|MFIC|MFIC.O|MidCap Financial|2024 Q4|0.4|0|185|