Goldman Sachs BDC (GSBD) Surpasses Q3 Earnings and Revenue Estimates

Core Viewpoint - Goldman Sachs BDC reported quarterly earnings of $0.4 per share, exceeding the Zacks Consensus Estimate of $0.37 per share, but down from $0.58 per share a year ago, indicating a mixed performance in earnings despite a positive surprise this quarter [1][2]. Financial Performance - The company achieved revenues of $91.6 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 2.25%, but down from $110.41 million year-over-year [2]. - Over the last four quarters, Goldman Sachs BDC has only surpassed consensus EPS estimates once [2]. Stock Performance - Goldman Sachs BDC shares have declined approximately 19.1% since the beginning of the year, contrasting with the S&P 500's gain of 15.6% [3]. - The stock currently holds a Zacks Rank of 4 (Sell), indicating expectations of underperformance in the near future [6]. Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.36 on revenues of $88.26 million, and for the current fiscal year, it is $1.52 on revenues of $365.75 million [7]. - The trend of estimate revisions prior to the earnings release was unfavorable, which may impact future stock performance [6]. Industry Context - The Financial - SBIC & Commercial Industry, to which Goldman Sachs BDC belongs, is currently ranked in the bottom 23% of over 250 Zacks industries, suggesting a challenging environment for the sector [8].