Gladstone Inv Q1 EPS $0.25 Misses $0.27 Estimate, Sales $20.30M Beat $20.19M Estimate
Portfolio Pulse from mahesh@benzinga.com
Gladstone Inv (NASDAQ:GAIN) reported Q1 earnings of $0.25 per share, missing the analyst consensus estimate of $0.27 by 7.41%. However, the company's quarterly sales of $20.30 million beat the estimate of $20.19 million by 0.54%, marking a 5.20% increase from the same period last year.
August 04, 2023 | 12:26 pm
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NEUTRAL IMPACT
Gladstone Inv's Q1 earnings missed estimates but sales beat expectations and showed YoY growth.
The company's earnings miss could negatively impact the stock price, but this may be offset by the better-than-expected sales and YoY growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100