Saratoga Investment (SAR) Q3 Earnings and Revenues Top Estimates

Core Viewpoint - Saratoga Investment (SAR) reported quarterly earnings of $0.90 per share, exceeding the Zacks Consensus Estimate of$ 0.82 per share, but down from $1.01 per share a year ago, indicating a 10.89% year-over-year decline in earnings [1][2] Financial Performance - The company achieved revenues of$ 35.88 million for the quarter ended November 2024, surpassing the Zacks Consensus Estimate by 2.97%, although this represents a decrease from $36.34 million in the same quarter last year [2] - Over the last four quarters, Saratoga Investment has exceeded consensus EPS estimates three times and topped revenue estimates four times [2] Stock Performance - Since the beginning of the year, Saratoga Investment shares have increased by approximately 1.2%, outperforming the S&P 500, which gained 0.5% [3] Future Outlook - The company's earnings outlook will be crucial for future stock performance, with current consensus EPS estimates at$ 0.62 for the upcoming quarter and $3.81 for the current fiscal year [4][7] - The estimate revisions trend for Saratoga Investment is currently mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Financial - SBIC & Commercial Industry, to which Saratoga Investment belongs, is currently ranked in the bottom 44% of over 250 Zacks industries, suggesting potential challenges ahead [8]