Posts with tag: edit
Ares Capital Corp. (ARCC) reported fourth-quarter earnings of $357 million, or 55 cents per share, missing Wall Street expectations. Revenue was $759 million, also below estimates. For the year, profit was unchanged at $1.52 billion, earnings per share fell to $2.44, and revenue was $2.99 billion. Ares Capital shares are up 9% YTD and 19% over the past year.
Published on: February 05, 2025, 12:06 PM UTC