Ares Capital (ARCC) to Report Q1 Earnings: What's in Store?

Ares Capital Corporation (ARCC) is scheduled to announce first-quarter 2024 results on May 1, before market open. Its revenues and earnings are anticipated to have improved in the quarter on a year-over-year basis.In the last reported quarter, ARCC’s earnings surpassed 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 some extent.Ares Capital has a de ...