Ares Capital: Q3 Earnings Insights - Ares Capital (NASDAQ:ARCC)

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Ares Capital ARCC reported its Q3 earnings results on Tuesday, October 25, 2022 at 07:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Ares Capital beat estimated earnings by 2.04%, reporting an EPS of $0.5 versus an estimate of $0.49.

Revenue was up $95.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 0.97% increase in the share price the next day.

Here’s a look at Ares Capital’s past performance:

 








Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.44 0.46 0.49 0.44
EPS Actual 0.46 0.42 0.58 0.47
Revenue Estimate 464.23M 483.42M 459.14M 427.39M
Revenue Actual 479.00M 440.00M 529.00M 442.00M

To track all earnings releases for Ares Capital visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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Image and article originally from www.benzinga.com. Read the original article here.