Gladstone Capital (GLAD)

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Gladstone Capital: Solid Distribution Coverage But Rising Non-Accruals (Rating Downgrade)
Seeking Alpha· 2024-08-18 14:58
DNY59 Overview I previously covered Gladstone Capital (NASDAQ:GLAD) a quarter ago in mid-May. I issued a buy rating on GLAD due to its attractive valuation and less risky offering than its peer fund, Gladstone Investment (GAIN). Since then, GLAD has provided a total return of approximately 6% through a combination of income and capital appreciation. GLAD operates as a business development company that generates its earnings by making varying forms of debt investments to middle market companies. We can see t ...
Gladstone Capital (GLAD) Upgraded to Buy: Here's Why
ZACKS· 2024-08-12 17:01
Gladstone Capital (GLAD) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Since a c ...
Gladstone Capital (GLAD) - 2024 Q3 - Earnings Call Transcript
2024-08-08 13:25
Gladstone Capital (NASDAQ:GLAD) Q3 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants David Gladstone - Chief Executive Officer Michael LiCalsi - General Counsel and Secretary Bob Marcotte - President Nicole Schaltenbrand - Chief Financial Officer and Treasurer Conference Call Participants Robert Dodd - Raymond James Operator Greetings, and welcome to the Gladstone Capital Corporation Third Quarter Earnings Call. At this time, all participants are in a listen-only mode. A brief que ...
Gladstone Capital (GLAD) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2024-08-07 22:35
Gladstone Capital (GLAD) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.62 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 7.55%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.56 per share when it actually produced earnings of $0.25, delivering a surprise of -55.36%. Over the last fo ...
Gladstone Capital (GLAD) - 2024 Q3 - Quarterly Results
2024-08-07 20:15
Exhibit 99.1 GLADSTONE CAPITAL Gladstone Capital Corporation Reports Financial Results for its Third Quarter Ended June 30, 2024 McLean, VA, August 7, 2024: Gladstone Capital Corporation (Nasdaq: GLAD) (the "Company") today announced earnings for its third fiscal quarter ended June 30, 2024. Please read the Company's Quarterly Report on Form 10-Q filed today with the U.S. Securities and Exchange Commission (the "SEC"), which is available on the SEC's website at www.sec.gov and the Investors section of the C ...
Gladstone Capital (GLAD) - 2024 Q3 - Quarterly Report
2024-08-07 20:02
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark one): ý QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ______ TO _______ COMMISSION FILE NUMBER: 814-00237 GLADSTONE CAPITAL CORPORATION (Exact name of registrant as specified in its charter) Mar ...
Gladstone Capital: Diversified BDC Trading At Attractive Valuation
Seeking Alpha· 2024-05-14 03:00
J Studios/DigitalVision via Getty Images Overview Gladstone Capital (NASDAQ:GLAD) operates as a business development company that focuses on investing in lower middle market businesses. GLAD provides financing to these companies and assists with equity buyouts, supporting individual business growth milestones, acquisitions, and collecting interest from these debts for their support and efforts. The BDC was founded in 2001 and has invested over $2.5B since then. They typically focus on businesses that genera ...
Gladstone Capital (GLAD) - 2024 Q2 - Earnings Call Transcript
2024-05-02 14:29
Gladstone Capital (NASDAQ:GLAD) Q2 2024 Results Conference Call May 2, 2024 8:30 AM ET Company Participants David Gladstone - Chairman and CEO Michael LiCalsi - General Counsel and Secretary Bob Marcotte - President Nicole Schaltenbrand - CFO and Treasurer Conference Call Participants Mickey Schleien - Ladenburg Thalmann Sean-Paul Adams - Raymond James Operator Greetings, and welcome to the Gladstone Capital Corporation Second Quarter Earnings Conference Call. At this time, all participants are in a listen- ...
Gladstone Capital (GLAD) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
Zacks Investment Research· 2024-05-02 02:01
For the quarter ended March 2024, Gladstone Capital (GLAD) reported revenue of $24 million, up 16.7% over the same period last year. EPS came in at $0.25, compared to $0.52 in the year-ago quarter.The reported revenue represents a surprise of -0.35% over the Zacks Consensus Estimate of $24.08 million. With the consensus EPS estimate being $0.56, the EPS surprise was -55.36%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...
Gladstone Capital (GLAD) - 2024 Q2 - Quarterly Results
2024-05-01 20:26
Total investment income increased by $0.8 million, or 3.3%, for the quarter ended March 31, 2024, compared to the prior quarter ended December 31, 2023, driven by a $0.7 million increase in interest income. The increase in interest income was driven by a 3.5% increase in the weighted average principal balance of our interest-bearing investments from $657.6 million during the quarter ended December 31, 2023 to $680.4 million during the quarter ended March 31, 2024. Exhibit 99.1 Gladstone Capital Corporation ...