Ares Capital: Q3 Earnings Insights

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.

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.

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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