We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
What Analyst Projections for Key Metrics Reveal About Gladstone Investment (GAIN) Q1 Earnings
Read MoreHide Full Article
In its upcoming report, Gladstone Investment (GAIN - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.23 per share, reflecting a decline of 4.2% compared to the same period last year. Revenues are forecasted to be $23.95 million, representing a year-over-year increase of 8%.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
That said, let's delve into the average estimates of some Gladstone Investment metrics that Wall Street analysts commonly model and monitor.
Analysts' assessment points toward 'Interest income- Affiliate investments' reaching $6.38 million. Compared to the current estimate, the company reported $6.04 million in the same quarter of the previous year.
Analysts predict that the 'Interest income- Non-Control/Non-Affiliate investments' will reach $16.04 million. The estimate compares to the year-ago value of $14.54 million.
It is projected by analysts that the 'Total interest income' will reach $22.49 million. Compared to the present estimate, the company reported $20.63 million in the same quarter last year.
Shares of Gladstone Investment have demonstrated returns of -0.8% over the past month compared to the Zacks S&P 500 composite's +1.2% change. With a Zacks Rank #2 (Buy), GAIN is expected to beat the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
What Analyst Projections for Key Metrics Reveal About Gladstone Investment (GAIN) Q1 Earnings
In its upcoming report, Gladstone Investment (GAIN - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.23 per share, reflecting a decline of 4.2% compared to the same period last year. Revenues are forecasted to be $23.95 million, representing a year-over-year increase of 8%.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
That said, let's delve into the average estimates of some Gladstone Investment metrics that Wall Street analysts commonly model and monitor.
Analysts' assessment points toward 'Interest income- Affiliate investments' reaching $6.38 million. Compared to the current estimate, the company reported $6.04 million in the same quarter of the previous year.
Analysts predict that the 'Interest income- Non-Control/Non-Affiliate investments' will reach $16.04 million. The estimate compares to the year-ago value of $14.54 million.
It is projected by analysts that the 'Total interest income' will reach $22.49 million. Compared to the present estimate, the company reported $20.63 million in the same quarter last year.
View all Key Company Metrics for Gladstone Investment here>>>Shares of Gladstone Investment have demonstrated returns of -0.8% over the past month compared to the Zacks S&P 500 composite's +1.2% change. With a Zacks Rank #2 (Buy), GAIN is expected to beat the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .