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Here's What Key Metrics Tell Us About Gladstone Investment (GAIN) Q3 Earnings
GAINGladstone Investment(GAIN) ZACKS·2025-02-13 00:30

Core Insights - Gladstone Investment (GAIN) reported a revenue of 21.37millionforthequarterendedDecember2024,whichisadecreaseof7.421.37 million for the quarter ended December 2024, which is a decrease of 7.4% compared to the same period last year [1] - The earnings per share (EPS) for the quarter was 0.23, down from 0.26intheyearagoquarter,andbelowtheconsensusestimateof0.26 in the year-ago quarter, and below the consensus estimate of 0.24, resulting in an EPS surprise of -4.17% [1] - The reported revenue fell short of the Zacks Consensus Estimate of 23.08million,leadingtoarevenuesurpriseof7.4123.08 million, leading to a revenue surprise of -7.41% [1] Financial Performance Metrics - Total interest income for the quarter was 20.53 million, which was below the average estimate of 21.54millionfromtwoanalysts[4]Interestincomefromaffiliateinvestmentswasreportedat21.54 million from two analysts [4] - Interest income from affiliate investments was reported at 5.41 million, compared to the average estimate of 6.05million[4]Interestincomefromcashandcashequivalentswas6.05 million [4] - Interest income from cash and cash equivalents was 0.07 million, slightly above the average estimate of 0.06million[4]Interestincomefromnoncontrol/nonaffiliateinvestmentswas0.06 million [4] - Interest income from non-control/non-affiliate investments was 15.04 million, which was also below the average estimate of $15.40 million [4] Stock Performance - Over the past month, shares of Gladstone Investment have returned +4.2%, which is slightly lower than the Zacks S&P 500 composite's +4.3% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating it may perform in line with the broader market in the near term [3]