Ares Capital (ARCC) to Report Q2 Earnings: What's in Store?

Ares Capital Corporation (ARCC) is scheduled to announce second-quarter 2024 results on Jul 30, before market open. While its revenues are anticipated to have improved in the quarter on a year-over-year basis, earnings are likely to have been unchanged.In the last reported quarter, ARCC’s earnings met the Zacks Consensus Estimate. Results were primarily aided by an improvement in total investment income. Also, the company’s portfolio activity was robust. However, an increase in expenses hurt the results to ...