Ares Capital Corporation (NASDAQ:ARCC) Q3 2024 Earnings Conference Call October 30, 2024 12:00 PM ET Company Participants John Stilmar - Partner, Co-Head of Public Markets IR Kipp DeVeer - CEO Scott Lem - CFO Kort Schnabel - Co-President, Los Angeles Jim Miller - Co-President Conference Call Participants John Hecht - Jefferies Finian O'Shea - Wells Fargo Securities Casey Alexander - Compass Point Robert Dodd - Raymond James Kenneth Lee - RBC Capital Markets Mark Hughes - Truist Paul Johnson - KBW Derek Hewe ...

For the quarter ended September 2024, Ares Capital (ARCC) reported revenue of $775 million, up 18.3% over the same period last year. EPS came in at $0.58, compared to $0.59 in the year-ago quarter. The reported revenue represents a surprise of +1.05% over the Zacks Consensus Estimate of $766.94 million. With the consensus EPS estimate being $0.59, the EPS surprise was -1.69%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...

Ares Capital (ARCC) came out with quarterly earnings of $0.58 per share, missing the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.59 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -1.69%. A quarter ago, it was expected that this private equity firm would post earnings of $0.58 per share when it actually produced earnings of $0.61, delivering a surprise of 5.17%. Over the last four quarters, th ...

Title of each class Trading symbol Name of each exchange on which registered Common stock, par value $0.001 per share ARCC NASDAQ Global Select Market Class Outstanding at October 25, 2024 Common stock, $0.001 par value 646,076,139 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ý QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF ...

Exhibit 99.1 As of ARES CAPITAL CORPORATION ANNOUNCES SEPTEMBER 30, 2024 FINANCIAL RESULTS AND DECLARES FOURTH QUARTER 2024 DIVIDEND OF $0.48 PER SHARE DIVIDEND DECLARATIONS New York, NY — October 30, 2024 — Ares Capital Corporation ("Ares Capital") (NASDAQ: ARCC) announced that its Board of Directors has declared a fourth quarter 2024 dividend of $0.48 per share. The fourth quarter 2024 dividend is payable on December 30, 2024 to stockholders of record as of December 13, 2024. SEPTEMBER 30, 2024 FINANCIAL ...

Ares Capital Corporation (ARCC) is slated to report third-quarter 2024 results on Oct. 30, before the opening bell. While its revenues are expected to have improved on a year-over-year basis, earnings are likely to have been stable.See the Zacks Earnings Calendar to stay ahead of market-making news.In the last reported quarter, ARCC’s earnings surpassed the Zacks Consensus Estimate. Results primarily benefited from higher total investment income and robust portfolio activity. However, an increase in expense ...

The upcoming report from Ares Capital (ARCC) is expected to reveal quarterly earnings of $0.59 per share, indicating no change from the year-ago quarter compared to the year-ago period. Analysts forecast revenues of $766.58 million, representing an increase of 17% year over year. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Before a company reveals ...

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This business development company's high-yielding dividend looks surprisingly stable.In September, the Federal Reserve cut its benchmark interest rate for the first time in four years. That long-awaited reduction reflected the fact that inflation had cooled off significantly, and signaled that the Fed was pivoting back to a focus on promoting economic growth and employment again. It also indicated that fixed-income investments like CDs and U.S. Treasury bills would become less attractive as their yields dec ...

For stocks with dividend yields above 8%, these two are on more stable footing than you'd expect.A buoyant stock market that keeps reaching new heights is making it tougher to find high-yield dividend payers. The S&P 500 reached a new all-time high on Oct 18. At recent prices, the average dividend-paying stock in the benchmark index offers an uninspiring 1.3% dividend yield.The average dividend payer in the S&P 500 index might be unappealing, but there are underappreciated businesses with ultra high dividen ...