Ares Capital ARCC reported its Q2 earnings results on Tuesday, July 26, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Ares Capital beat estimated earnings by 4.55%, reporting an EPS of $0.46 versus an estimate of $0.44.
Revenue was up $20.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.04 which was followed by a 5.05% increase in the share price the next day.
Here's a look at Ares Capital's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 0.46 | 0.49 | 0.44 | 0.43 |
EPS Actual | 0.42 | 0.58 | 0.47 | 0.53 |
Revenue Estimate | 483.42M | 459.14M | 427.39M | 387.13M |
Revenue Actual | 440.00M | 529.00M | 442.00M | 459.00M |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.