Missed Earnings

Quarterly earnings for the same period were $0.34 per share, missing the Zacks Consensus Estimate of $0.36 per share by 6.41 %. Revenue totaled $188.13 million, down 7.02 % from the consensus estimate of $198.64 million and a year‑over‑year decline from $213.89 million. This represents the second miss in four quarters. GBDC’s shares have risen only 1.7 % year‑to‑date, compared with a 5.6 % gain for the S&P 500. The Zacks Rank remains #3 (Hold), and the Financial – SBIC & Commercial industry currently ranks in the bottom 15 % of the 250+ Zacks industries.