NASDAQ$GLAD
Gladstone Capital Corp · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Reported an increase in total investment income and net investment income, driven by growth in other income and effective expense management.
Gladstone Capital Corporation reported an increase in total investment income by 7.1% and net investment income, driven by a $2.2 million increase in other income. The company invested $27.3 million in two new portfolio companies and $19.1 million in existing portfolio companies. Net investment income was $12.4 million, or $0.57 per share.
- Total investment income increased by 7.1% compared to the prior quarter, driven by growth in other income.
- Net investment income for the quarter was $12.4 million, or $0.57 per share.
- Invested $27.3 million in two new portfolio companies and $19.1 million in existing portfolio companies.
- Secured first lien assets continue to be over 70% of debt investments, with a weighted average yield of 13.9%.
Headline financials
Revenue & EPS history
Gladstone Capital · Revenue · Quarterly
-$5.51M
Forward guidance
Gladstone Capital expects the current deal pipeline to support the resumption of portfolio and earnings growth in the near term.
Tailwinds
- Core strategy of investing in directly originated investments in growth oriented lower middle market businesses remains intact
- Expect the current deal pipeline to support the resumption of portfolio and earnings growth in the near term
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2024
-0.6%
Avg return
Earnings day
+1.2%
Avg return
5 days after
+0.5%
Avg return
30 days after
45%
29 / 64 earnings
Positive
+8.4%
Q2 2022
Best reaction
-15.6%
Q2 2010
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | +4.1% | +2.2% | — | |
| Q1 2026 | +2.1% | -5.6% | -9.3% | |
| Q4 2025 | +5.8% | +8.2% | +11.0% | |
| Q2 2025 | -0.2% | +2.4% | +6.5% | |
| Q1 2025 | +0.5% | +4.0% | -4.1% | |
| Q4 2024 | +0.5% | +4.4% | +9.7% | |
| Q3 2024 | -0.5% | -0.4% | -0.6% | |
| Q2 2024 | -0.8% | +1.4% | +4.6% | |
| Q1 2024 | -6.1% | -4.4% | -2.9% | |
| Q4 2023 | +1.8% | +0.1% | +5.6% | |
| Q3 2023 | +2.6% | +3.4% | -6.4% | |
| Q2 2023 | -1.5% | -0.9% | -0.9% | |
| Q1 2023 | +3.8% | +1.7% | -4.1% | |
| Q4 2022 | +4.8% | +3.2% | -2.2% | |
| Q3 2022 | -2.6% | -2.0% | -6.8% | |
| Q2 2022 | +8.4% | +5.7% | +0.3% | |
| Q1 2022 | +2.1% | +3.6% | -2.0% | |
| Q4 2021 | +4.6% | +1.2% | -3.7% | |
| Q3 2021 | -0.2% | +2.8% | +1.7% | |
| Q2 2021 | -0.8% | -0.5% | +5.4% | |
| Q1 2021 | +3.5% | +6.6% | +4.4% | |
| Q4 2020 | +6.7% | +8.2% | +10.8% | |
| Q3 2020 | +1.9% | +1.1% | +5.4% | |
| Q2 2020 | -12.3% | -3.4% | +11.8% | |
| Q1 2020 | -0.1% | +1.2% | -13.6% | |
| Q4 2019 | +3.0% | +2.4% | +2.6% | |
| Q3 2019 | -1.8% | -0.9% | +0.0% | |
| Q2 2019 | -1.5% | -0.1% | -5.3% | |
| Q1 2019 | +1.2% | -1.4% | +1.8% | |
| Q4 2018 | -1.8% | -4.0% | -9.8% | |
| Q3 2018 | +1.3% | +1.7% | +4.4% | |
| Q2 2018 | +0.5% | +1.4% | +4.4% | |
| Q1 2018 | -7.5% | -0.4% | -2.3% | |
| Q4 2017 | +0.2% | +0.2% | -5.0% | |
| Q3 2017 | -0.6% | -0.3% | -7.3% | |
| Q2 2017 | -0.6% | +2.0% | -0.2% | |
| Q1 2017 | -0.9% | -4.5% | -9.6% | |
| Q4 2016 | +0.4% | +2.6% | +16.5% | |
| Q3 2016 | +1.1% | +3.6% | +8.1% | |
| Q2 2016 | -3.1% | — | — | |
| Q1 2016 | -5.8% | — | — | |
| Q4 2015 | +1.0% | — | — | |
| Q3 2015 | +3.0% | — | — | |
| Q2 2015 | -6.5% | — | — | |
| Q1 2015 | +2.8% | — | — | |
| Q4 2014 | +0.3% | — | — | |
| Q3 2014 | -10.2% | — | — | |
| Q2 2014 | -2.4% | — | — | |
| Q1 2014 | -1.6% | — | — | |
| Q4 2013 | +1.4% | — | — | |
| Q3 2013 | -0.5% | — | — | |
| Q2 2013 | -5.2% | — | — | |
| Q1 2013 | -0.4% | — | — | |
| Q4 2012 | -10.7% | — | — | |
| Q3 2012 | -1.5% | — | — | |
| Q2 2012 | -0.1% | — | — | |
| Q1 2012 | +3.7% | — | — | |
| Q4 2011 | -0.5% | — | — | |
| Q3 2011 | -3.3% | — | — | |
| Q2 2011 | -0.4% | — | — | |
| Q1 2010 | +4.6% | — | — | |
| Q4 2010 | -5.1% | — | — | |
| Q3 2010 | -3.2% | — | — | |
| Q2 2010 | -15.6% | — | — |
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