Ares Capital: Q3 Earnings Insights

Ares Capital (NASDAQ: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.

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.

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

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.