Benzinga | Oct 26, 2021 07:19AM EDT

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.

Earnings

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.

Past Earnings Performance

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 2020EPS Estimate 0.43 0.42 0.40 0.38EPS Actual 0.53 0.43 0.54 0.39Revenue Estimate 387.13M 385.13M 358.77M 346.89MRevenue Actual 459.00M 390.00M 440.00M 352.00M

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