Gladstone Investment (GAIN) shares soared 11% in the last trading session to close at $13.06. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 10% loss over the past four weeks.

Gladstone Investment shares rallied sharply, benefiting from broad market strength following President Donald Trump’s announcement of a 90-day suspension on tariffs for non-retaliating countries. The policy shift eased trade tensions and improved market sentiment, fueling a sharp uptick in GAIN shares.

This business development company is expected to post quarterly earnings of $0.24 per share in its upcoming report, which represents no change from the year-ago quarter. Revenues are expected to be $24.57 million, up 3.9% from the year-ago quarter.

Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.

For Gladstone Investment, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on GAIN going forward to see if this recent jump can turn into more strength down the road.

The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Gladstone Investment is part of the Zacks Financial - SBIC & Commercial Industry industry. Morgan Stanley Direct Lending Fund (MSDL), another stock in the same industry, closed the last trading session 5.3% higher at $18.73. MSDL has returned -11.4% in the past month.

For Morgan Stanley Direct Lending Fund , the consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.57. This represents a change of -9.5% from what the company reported a year ago. Morgan Stanley Direct Lending Fund currently has a Zacks Rank of #4 (Sell).

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Gladstone Investment Corporation (GAIN) : Free Stock Analysis Report

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This article originally published on Zacks Investment Research (zacks.com).

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