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Ares Capital Corp. Q3 adjusted earnings Beat Estimates

October 27, 2020 — 07:20 am EDT

Written by RTTNews.com for RTTNews ->

(RTTNews) - Ares Capital Corp. (ARCC) revealed earnings for its third quarter that climbed from last year.

The company's profit totaled $441 million, or $1.04 per share. This compares with $175 million, or $0.41 per share, in last year's third quarter.

Analysts had expected the company to earn $0.38 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Ares Capital Corp. earnings at a glance:

-EPS (Q3): $0.39 vs. $0.48 last year. -Analysts Estimate: $0.38

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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