Gladstone Cap Q3 EPS $0.31 Beats $0.27 Estimate, Sales $22.82M Beat $21.71M Estimate
Portfolio Pulse from sunil@benzinga.com
Gladstone Cap (NASDAQ:GLAD) reported Q3 earnings of $0.31 per share, beating the analyst consensus estimate of $0.27 by 14.81%. This is a 55% increase over earnings of $0.20 per share from the same period last year. The company also reported quarterly sales of $22.82 million, beating the analyst consensus estimate of $21.71 million by 5.13%. This is a 65.58% increase over sales of $13.78 million the same period last year.
July 26, 2023 | 9:09 pm
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POSITIVE IMPACT
Gladstone Cap's Q3 earnings and sales exceeded estimates, indicating strong financial performance. This could potentially lead to a positive impact on the company's stock.
Gladstone Cap's Q3 earnings and sales have significantly exceeded analyst estimates, indicating strong financial performance. This positive news is likely to increase investor confidence and could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100