Gladstone Investment (GAIN) Q3 Earnings and Revenues Miss Estimates

Financial Performance - Gladstone Investment reported quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of$ 0.24 per share, and down from $0.26 per share a year ago, representing an earnings surprise of -4.17% [1] - The company posted revenues of$ 21.37 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 7.41%, compared to year-ago revenues of $23.08 million [2] - Over the last four quarters, Gladstone Investment has not surpassed consensus EPS estimates and has topped consensus revenue estimates just once [2] Market Performance - Since the beginning of the year, Gladstone Investment shares have added about 1.7%, while the S&P 500 has gained 3.2% [3] - The current consensus EPS estimate for the coming quarter is$ 0.24 on revenues of $23.24 million, and for the current fiscal year, it is$ 0.96 on revenues of $91.06 million [7] Industry Outlook - The Financial - SBIC & Commercial Industry, to which Gladstone Investment belongs, is currently in the top 25% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that the industry outlook can materially impact stock performance [5][8]