Investing.com - Gladstone Capital reported on Monday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Gladstone Capital announced earnings per share of $0.22 on revenue of $15.94M. Analysts polled by Investing.com anticipated EPS of $0.21 on revenue of $16.05M.
Gladstone Capital shares are down 20% from the beginning of the year and are trading at $10.04 , down-from-52-week-high.
Gladstone Capital follows other major Financial sector earnings this month
Gladstone Capital's report follows an earnings missed by Berkshire Hathaway A on November 5, who reported EPS of $-1,832 on revenue of $76.9B, compared to forecasts EPS of $4,518.39 on revenue of $74.9B.
Bank of America had beat expectations on October 17 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7769 on revenue of $23.54B.
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