Gladstone Investment Earnings Preview: Get Ahead of the Analysts
Gladstone Investment (NASDAQ:GAIN) will report earnings after markets close on Monday, May 20th. Gladstone Investment Corporation is a closed-end, non-diversified management investment company. The Company invests primarily in subordinated loans, mezzanine debt, preferred stock and warrants to purchase common stock of small and mid-sized companies in connection with acquisitions, changes in control, and recapitalizations. Gladstone also invests in senior secured loans and equities.
Here is your Cheat Sheet to Gladstone Investment Earnings:
Earnings Expectations: Analysts expect earnings of $0.15 per share on revenues of $7.11 million.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.16 to a profit $0.15. For the current year, the average estimate is a profit of $0.61, which is better than the estimate ninety days ago.
Here’s how Gladstone Investment has been performing on an annual basis:
|Revenue ($) in millions||27.89||25.81||20.78||26.06||21.24|
|Diluted EPS ($)||-0.06||-0.53||-0.50||0.74||0.99|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||5.17||5.78||5.91||6.97||7.18|
|Diluted EPS ($)||0.25||-0.0186||-0.13||-0.02||0.18|
Gladstone Investment has beat analyst estimates time in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)