Ares Capital ARCC reported its Q3 earnings results on Tuesday, October 26, 2021 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Ares Capital beat their estimated earnings by 6.82%, which did not surprise analysts.
Revenue was up $90,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1, which was followed by a 2.6% drop in the share price the next day.
Here's a look at Ares Capital's past performance:
Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
---|---|---|---|---|
EPS Estimate | 0.43 | 0.42 | 0.40 | 0.38 |
EPS Actual | 0.53 | 0.43 | 0.54 | 0.39 |
Revenue Estimate | 387.13M | 385.13M | 358.77M | 346.89M |
Revenue Actual | 459.00M | 390.00M | 440.00M | 352.00M |
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Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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