Ares Capital: Investment Activity Leads To 9% Yields, Increased EPS

PM Images It's a busy week, and earnings reports can get lost in the mix as big tech is at the center stage, and an FOMC meeting is underway. While the spotlight is shining on Microsoft (MSFT), Ares Capital (NASDAQ:ARCC) just delivered a strong quarter that should set up the rest of 2024 for income investors. ARCC is the largest BDC by market cap and just beat analyst estimates on the top line by $39.87 million as they generated $755 million in revenue during Q2. ARCC delivered $0.61 in non-GAAP EPS, a  ...