Gladstone Cap Q3 EPS $0.57 Beats $0.53 Estimate, Sales $25.69M Beat $24.72M Estimate
Portfolio Pulse from Benzinga Newsdesk
Gladstone Capital (NASDAQ:GLAD) reported Q3 earnings of $0.57 per share, beating the analyst estimate of $0.53. Sales were $25.69 million, also surpassing the estimate of $24.72 million. Despite the earnings beat, EPS decreased by 8.06% year-over-year.
August 07, 2024 | 10:09 pm
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Gladstone Capital reported Q3 earnings of $0.57 per share, beating the analyst estimate of $0.53. Sales were $25.69 million, also surpassing the estimate of $24.72 million. Despite the earnings beat, EPS decreased by 8.06% year-over-year.
The earnings and sales beat are positive indicators and likely to boost investor confidence in the short term. However, the year-over-year decrease in EPS may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100