Great Elm Capital (GECC) reported lower earnings and revenue than expected, stock declined

From Nasdaq: 2025-03-10 17:30:02

Great Elm Capital (GECC) reported quarterly earnings of $0.20 per share, missing the Zacks Consensus Estimate of $0.35. This represents a -42.86% earnings surprise. The company’s revenues for the quarter ended December 2024 were $9.14 million, missing estimates by 21.55%. GECC shares have declined 1.9% this year.

Great Elm Capital has underperformed the market, prompting questions about its future performance. The company’s earnings outlook and estimate revisions will impact its stock movement. The current Zacks Rank for GECC is #3 (Hold). Analysts expect earnings of $0.35 per share for the coming quarter and $1.40 for the fiscal year.

Portman Ridge (PTMN), a competitor in the industry, is set to report results for the quarter ended December 2024 on March 13. Analysts expect PTMN to post earnings of $0.64 per share, down 46.2% year-over-year. Revenues are forecasted to be $14.52 million, an 18.4% decrease from the prior year.

Investors considering Great Elm Capital Group, Inc. (GECC) should monitor its earnings outlook and estimate revisions for future performance. The Zacks Rank system can help assess these factors. For more insights on the best stocks to buy, check out Zacks Investment Research’s free report on the 7 best stocks for the next 30 days.



Read more at Nasdaq: Great Elm Capital (GECC) Misses Q4 Earnings and Revenue Estimates