Advertisement
Canada markets closed

  • S&P/TSX

    22,269.12
    +197.41 (+0.89%)
     

  • S&P 500

    5,277.51
    +42.03 (+0.80%)
     

  • DOW

    38,686.32
    +574.84 (+1.51%)
     

  • CAD/USD

    0.7339
    +0.0028 (+0.38%)
     

  • CRUDE OIL

    77.18
    -0.73 (-0.94%)
     

  • Bitcoin CAD

    92,400.86
    +315.87 (+0.34%)
     

  • CMC Crypto 200

    1,425.40
    -3.17 (-0.22%)
     

  • GOLD FUTURES

    2,347.70
    -18.80 (-0.79%)
     

  • RUSSELL 2000

    2,070.13
    +13.53 (+0.66%)
     

  • 10-Yr Bond

    4.5140
    -0.0400 (-0.88%)
     

  • NASDAQ

    16,735.02
    -2.06 (-0.01%)
     

  • VOLATILITY

    12.92
    -1.55 (-10.71%)
     

  • FTSE

    8,275.38
    +44.33 (+0.54%)
     

  • NIKKEI 225

    38,487.90
    +433.77 (+1.14%)
     

  • CAD/EUR

    0.6762
    +0.0016 (+0.24%)
     

Compared to Estimates, Gladstone Investment (GAIN) Q4 Earnings: A Look at Key Metrics

Zacks Equity Research
·2 min read

For the quarter ended March 2024, Gladstone Investment (GAIN) reported revenue of $23.65 million, up 19.1% over the same period last year. EPS came in at $0.24, compared to $0.29 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $22.94 million, representing a surprise of +3.10%. The company delivered an EPS surprise of -7.69%, with the consensus EPS estimate being $0.26.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

ADVERTISEMENT

Here is how Gladstone Investment performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Interest income- Affiliate investments: $6.29 million versus $6.45 million estimated by two analysts on average.

  • Cash and cash equivalents: $0.06 million compared to the $0.08 million average estimate based on two analysts.

  • Interest income- Non-Control/Non-Affiliate investments: $15.07 million versus the two-analyst average estimate of $15.65 million.

  • Total interest income: $21.43 million versus the two-analyst average estimate of $22.18 million.

View all Key Company Metrics for Gladstone Investment here>>>

Shares of Gladstone Investment have returned +2.7% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Gladstone Investment Corporation (GAIN) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research