Ares Capital (ARCC) Q1 Earnings Match Estimates

Ares Capital (ARCC) came out with quarterly earnings of $0.59 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this private equity firm would post earnings of $0.59 per share when it actually produced earnings of $0.63, delivering a surprise of 6.78%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Ares Capital, which b ...