Ares Capital Corp. Third Quarter Earnings and Revenue Miss Wall Street Estimates
ARCC Ares Capital Corp
$19.13 -1.14%
View chart & analysis → 
- 1Ares Capital Corp. reported third quarter earnings of $319 million.
- 2Ares Capital Corp. earnings per share were 46 cents after adjusting for investment costs.
- 3Ares Capital Corp. revenue of $763 million for the period fell short of the $780.2 million revenue estimate from 4 analysts surveyed by Zacks.
So what's the key point?
Ares Capital Corp. third quarter revenue was lower than what experts expected. This means the money the company earned did not meet expectations.
Source Associated Press +5 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.