Ares Capital: Q1 Earnings Insights

Ares Capital ARCC reported its Q1 earnings results on Tuesday, April 26, 2022 at 06:30 AM.

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

Ares Capital missed estimated earnings by 8.7%, reporting an EPS of $0.42 versus an estimate of $0.46.

Revenue was up $50.00 million from the same period last year.

Last quarter the company beat on EPS by $0.09 which was followed by a 0.99% drop in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.49	0.44	0.43	0.42
EPS Actual	0.58	0.47	0.53	0.43
Revenue Estimate	459.14M	427.39M	387.13M	385.13M
Revenue Actual	529.00M	442.00M	459.00M	390.00M

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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