Q4 2024 Gladstone Capital Corp Earnings Call

Gladstone Capital (GLAD) came out with quarterly earnings of $0.50 per share, missing the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -5.66%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.53 per share when it actually produced earnings of $0.57, delivering a surprise of 7.55%.

Over the last four quarters, the company has surpassed consensus EPS estimates just once.

Gladstone Capital, which belongs to the Zacks Financial - SBIC & Commercial Industry industry, posted revenues of $23.71 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 0.20%. This compares to year-ago revenues of $23.76 million. The company has topped consensus revenue estimates just once over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Gladstone Capital shares have added about 18.9% since the beginning of the year versus the S&P 500's gain of 25.5%.

What's Next for Gladstone Capital?

While Gladstone Capital has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Gladstone Capital: unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.52 on $23.76 million in revenues for the coming quarter and $2.05 on $94.85 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - SBIC & Commercial Industry is currently in the bottom 29% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Golub Capital BDC (GBDC), another stock in the same industry, has yet to report results for the quarter ended September 2024. The results are expected to be released on November 19.

This business development company is expected to post quarterly earnings of $0.45 per share in its upcoming report, which represents a year-over-year change of -10%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Golub Capital BDC's revenues are expected to be $236.62 million, up 43.8% from the year-ago quarter.

Zacks Investment Research

Sunstone Hotel Investors (SHO) came out with quarterly funds from operations (FFO) of $0.18 per share, missing the Zacks Consensus Estimate of $0.20 per share. This compares to FFO of $0.23 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an FFO surprise of -10%. A quarter ago, it was expected that this hotel real estate investment trust would post FFO of $0.27 per share when it actually produced FFO of $0.28, delivering a surprise of 3.70%.

Over the last four quarters, the company has surpassed consensus FFO estimates three times.

Sunstone Hotel, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $226.39 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 1.56%. This compares to year-ago revenues of $247.7 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.

Sunstone Hotel shares have added about 1.5% since the beginning of the year versus the S&P 500's gain of 25.8%.

What's Next for Sunstone Hotel?

While Sunstone Hotel has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Sunstone Hotel: unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus FFO estimate is $0.21 on $228.46 million in revenues for the coming quarter and $0.87 on $915.89 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Other is currently in the top 27% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the broader Zacks Finance sector, Gladstone Capital (GLAD), has yet to report results for the quarter ended September 2024. The results are expected to be released on November 13.

This real estate investment trust is expected to post quarterly earnings of $0.53 per share in its upcoming report, which represents a year-over-year change of -5.4%. The consensus EPS estimate for the quarter has been revised 1.1% lower over the last 30 days to the current level.

Gladstone Capital's revenues are expected to be $23.76 million, up 0% from the year-ago quarter.

Zacks Investment Research

Claros Mortgage Trust, Inc. (CMTG) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to loss of $0.16 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 69.23%. A quarter ago, it was expected that this company would post earnings of $0.10 per share when it actually produced earnings of $0.20, delivering a surprise of 100%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Claros Mortgage Trust, Inc., which belongs to the Zacks REIT and Equity Trust industry, posted revenues of $64.88 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 6.63%. This compares to year-ago revenues of $80.55 million. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Claros Mortgage Trust, Inc. Shares have lost about 46.7% since the beginning of the year versus the S&P 500's gain of 24.3%.

What's Next for Claros Mortgage Trust, Inc.

While Claros Mortgage Trust, Inc. Has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Claros Mortgage Trust, Inc. Mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.12 on $73.1 million in revenues for the coming quarter and $0.33 on $265.89 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust is currently in the top 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the broader Zacks Finance sector, Gladstone Capital (GLAD), is yet to report results for the quarter ended September 2024.

This real estate investment trust is expected to post quarterly earnings of $0.53 per share in its upcoming report, which represents a year-over-year change of -5.4%. The consensus EPS estimate for the quarter has been revised 1.1% lower over the last 30 days to the current level.

Gladstone Capital's revenues are expected to be $23.76 million, up 0% from the year-ago quarter.

Zacks Investment Research

EHealth (EHTH) came out with a quarterly loss of $1.86 per share versus the Zacks Consensus Estimate of a loss of $1.13. This compares to loss of $1.54 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -64.60%. A quarter ago, it was expected that this provider of internet-based heath insurance agency services would post a loss of $0.71 per share when it actually produced a loss of $1.09, delivering a surprise of -53.52%.

Over the last four quarters, the company has not been able to surpass consensus EPS estimates.

eHealth, which belongs to the Zacks Insurance - Brokerage industry, posted revenues of $58.41 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 0.13%. This compares to year-ago revenues of $64.72 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

EHealth shares have lost about 41.6% since the beginning of the year versus the S&P 500's gain of 21.2%.

What's Next for eHealth?

While eHealth has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for eHealth: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $2.05 on $266.48 million in revenues for the coming quarter and -$0.87 on $483.64 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Insurance - Brokerage is currently in the top 34% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Gladstone Capital (GLAD), another stock in the broader Zacks Finance sector, has yet to report results for the quarter ended September 2024.

This real estate investment trust is expected to post quarterly earnings of $0.53 per share in its upcoming report, which represents a year-over-year change of -5.4%. The consensus EPS estimate for the quarter has been revised 1.1% lower over the last 30 days to the current level.

Gladstone Capital's revenues are expected to be $23.76 million, up 0% from the year-ago quarter.

Zacks Investment Research