Ares Capital (ARCC) Earnings Date, Estimates & Call Transcripts

$20.67
-0.18 (-0.86%)
(As of 02:53 PM ET)

Earnings Summary

Upcoming
Earnings Date
Jul. 23Estimated
Actual EPS
(May. 1)
$0.59 Missed By -$0.01
Consensus EPS
(May. 1)
$0.60
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ARCC Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

ARCC Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Ares Capital Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20244$0.56$0.58$0.57
Q2 20244$0.56$0.58$0.57
Q3 20244$0.56$0.58$0.57
Q4 20244$0.56$0.58$0.57
FY 202416$2.24$2.32$2.28
Q1 20251$0.54$0.54$0.54
Q2 20251$0.55$0.55$0.55
Q3 20251$0.55$0.55$0.55
Q4 20251$0.55$0.55$0.55
FY 20254$2.19$2.19$2.19

ARCC Earnings Date and Information

Ares Capital last released its quarterly earnings data on May 1st, 2024. The investment management company reported $0.59 EPS for the quarter, missing analysts' consensus estimates of $0.60 by $0.01. The firm earned $701 million during the quarter, compared to analyst estimates of $703.85 million. Its quarterly revenue was up 13.4% on a year-over-year basis. Ares Capital has generated $2.67 earnings per share over the last year ($2.67 diluted earnings per share) and currently has a price-to-earnings ratio of 7.8. Earnings for Ares Capital are expected to decrease by -4.26% in the coming year, from $2.35 to $2.25 per share. Ares Capital has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, July 23rd, 2024 based off prior year's report dates.

Ares Capital Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
7/23/2024
Estimated)
------- 
5/1/2024Q1 2024$0.60$0.59($0.01)$0.42$703.85 million$701.00 million      
2/7/2024Q4 2023$0.60$0.63+$0.03$0.56$669.78 million$707.00 million      
10/24/2023Q3 2023$0.58$0.59+$0.01$0.31$655.14 million$655.00 million    
7/25/2023Q2 2023$0.57$0.58+$0.01$0.57$623.26 million$634.00 million
4/25/2023Q1 2023$0.59$0.57($0.02)$0.61$633.13 million$618.00 million      
2/7/2023Q4 2022$0.57$0.63+$0.06$0.92$577.74 million$640.00 million
10/25/2022Q3 2022$0.50$0.50-$0.79$514.41 million$537.00 million      
7/26/2022Q2 2022$0.43$0.52+$0.09$0.82$466.21 million$479.00 million      
4/26/2022Q1 2022$0.47$0.41($0.06)$0.39$486.12 million$440.00 million      
2/9/2022Q4 2021$0.50$0.52+$0.02$0.21$485.32 million$529.00 million    
10/25/2021Q3 2021$0.45$0.47+$0.02$0.21$431.01 million$442.00 million    
7/27/2021Q2 2021$0.43$0.53+$0.10($0.03)$385.97 million$459.00 million      

Ares Capital Earnings - Frequently Asked Questions

When is Ares Capital's earnings date?

Ares Capital has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, July 23rd, 2024 based off last year's report dates. Learn more on ARCC's earnings history.

Did Ares Capital beat their earnings estimates last quarter?

In the previous quarter, Ares Capital (NASDAQ:ARCC) missed the analysts' consensus estimate of $0.60 by $0.01 with a reported earnings per share (EPS) of $0.59. Learn more on analysts' earnings estimate vs. ARCC's actual earnings.

How can I listen to Ares Capital's earnings conference call?

The conference call for Ares Capital's latest earnings report can be listened to online. Listen to Conference Call

How can I read Ares Capital's conference call transcript?

The conference call transcript for Ares Capital's latest earnings report can be read online. Read Transcript

How can I view Ares Capital's earnings report?

Ares Capital's earnings report can be found in their filing with the SEC. View SEC filing

How much revenue does Ares Capital generate each year?

Ares Capital (NASDAQ:ARCC) has a recorded annual revenue of $2.61 billion.

How much profit does Ares Capital generate each year?

Ares Capital (NASDAQ:ARCC) has a recorded net income of $1.52 billion. ARCC has generated $2.67 earnings per share over the last four quarters.

What is Ares Capital's price-to-earnings ratio?

Ares Capital (NASDAQ:ARCC) has a trailing price-to-earnings ratio of 7.78 and a forward price-to-earnings ratio of 8.84.

What is Ares Capital's EPS forecast for next year?

Ares Capital's earnings are expected to decrease from $2.35 per share to $2.25 per share in the next year, which is a -4.26% change.


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This page (NASDAQ:ARCC) was last updated on 5/2/2024 by MarketBeat.com Staff

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