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Ares Capital Corp. (ARCC) released a profit for third quarter that dropped from last year.


RTTNews | Oct 26, 2021 07:30AM EDT

07:29 Tuesday, October 26, 2021 (RTTNews.com) - Ares Capital Corp. (ARCC) released a profit for third quarter that dropped from last year.

The company's earnings totaled $334 million, or $0.73 per share. This compares with $441 million, or $1.04 per share, in last year's third quarter.

Analysts had expected the company to earn $0.44 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Ares Capital Corp. earnings at a glance:

-EPS (Q3): $0.47 vs. $0.39 last year.-Analysts Estimate: $0.44

Read the original article on RTTNews ( https://www.rttnews.com/3235562/ares-capital-corp-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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