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Ares Capital Corp. (ARCC) revealed earnings for its third quarter that climbed from last year.


RTTNews | Oct 27, 2020 07:20AM EDT

07:20 Tuesday, October 27, 2020 (RTTNews.com) - Ares Capital Corp. (ARCC) revealed earnings for its third quarter that climbed from last year.

The company's profit totaled $441 million, or $1.04 per share. This compares with $175 million, or $0.41 per share, in last year's third quarter.

Analysts had expected the company to earn $0.38 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Ares Capital Corp. earnings at a glance:

-EPS (Q3): $0.39 vs. $0.48 last year.-Analysts Estimate: $0.38

Read the original article on RTTNews ( https://www.rttnews.com/3139514/ares-capital-corp-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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