Here's What Key Metrics Tell Us About Ares Capital (ARCC) Q1 Earnings

Ares Capital (ARCC) reported $701 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 13.4%. EPS of $0.59 for the same period compares to $0.56 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $701.4 million, representing a surprise of -0.06%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.59.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...