Ares Capital (ARCC) Beats Q4 Earnings and Revenue Estimates

Ares Capital (ARCC) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.63 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.78%. 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 $0.59, delivering a surprise of 1.72%.Over the last four quarters, the c ...