Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Benzinga Insights

Ares Capital: Q4 Earnings Insights

 

Ares Capital (NASDAQ:ARCC) reported its Q4 earnings results on Wednesday, February 9, 2022 at 07:00 AM.

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

Check out this: Executives Buy Around $64M Of 3 Stocks

Earnings

Ares Capital beat estimated earnings by 18.37%, reporting an EPS of $0.58 versus an estimate of $0.49.

Revenue was up $89.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03, which was followed by a 0.79% increase in the share price the next day.

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

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 0.44 0.43 0.42 0.40
EPS Actual 0.47 0.53 0.43 0.54
Revenue Estimate 427.39M 387.13M 385.13M 358.77M
Revenue Actual 442.00M 459.00M 390.00M 440.00M

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

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.