Gladstone Capital Corporation (NASDAQ:GLAD) is expected to report fourth quarter earnings results, after market close, on Tuesday 10th November 2020.
Analysts polled by Thomson Reuters anticipate fourth quarter income of $ 0.20 per share.
Looking ahead, the full year income are expected at $ 0.82 per share on the revenues of $ 47.71 million.
Previous Quarter Performance
Gladstone Capital Corporation disclosed income for the third quarter of $ 0.20 per share, from the revenue of $ 11.73 million. Street analysts expected Gladstone Capital Corporation to report income of $ 0.21 per share on revenue of $ 11.82 million for the third quarter. The bottom line results missed street analysts by $ 0.01 or 4.76 percent, at the same time, top line results fell short of analysts by $ 0.09 million or 0.76 percent.
Stock Performance
Shares of Gladstone Capital Corporation traded up $ 0.08 or 1.06 percent on Monday, reaching $ 7.66 with volume of 327.90 thousand shares. Gladstone Capital Corporation has traded high as $ 7.92 and has cracked $ 7.55 on the downward trend
According to the previous trading day, closing price of $ 7.66, representing a 87.62 % increase from the 52 week low of $ 4.04 and a 29.09 % decrease over the 52 week high of $ 10.69.
The company has a market capital of $ 238.94 million and is part of the Financial Services sector and Asset Management industry.
Gladstone Capital Corporation is a private equity and a venture capital fund specializing in lower middle market, growth capital, add on acquisitions, debt investments in senior loans, second lien loans, senior subordinated loans, junior subordinated loans, and mezzanine loans and equity investments in the form of common stock, preferred stock, limited liability company interests, or warrants. The fund also makes private equity investments in acquisitions, buyouts and recapitalizations, and refinancing existing debts. It targets small and medium-sized companies in United States.
