Gladstone Inv Q2 2024 Adj Net Investment Income $0.24 Misses $0.26 Estimate, Sales $20.28M Miss $22.50M Estimate
Portfolio Pulse from totan@benzinga.com
Gladstone Inv (NASDAQ:GAIN) reported Q2 2024 earnings of $0.24 per share, missing the analyst consensus estimate of $0.26 by 7.69%. This is a 17.24% decrease from the same period last year. The company also reported quarterly sales of $20.28 million, missing the analyst consensus estimate of $22.50 million by 9.88%, a 2.49% decrease from the same period last year.
November 01, 2023 | 9:11 pm
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NEGATIVE IMPACT
Gladstone Inv's Q2 2024 earnings and sales missed estimates, indicating a potential negative impact on its stock price.
Gladstone Inv's earnings and sales for Q2 2024 missed analyst estimates, which is typically seen as a negative signal by the market. This could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100