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Ares Capital Q3 Adjusted Earnings Decline, Total Investment Income Increases
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Ares Capital Q3 Adjusted Earnings Decline, Total Investment Income Increases
Oct 30, 2024 9:53 PM

07:48 AM EDT, 10/30/2024 (MT Newswires) -- Ares Capital ( ARCC ) reported Q3 adjusted earnings Wednesday of $0.58 per diluted share, down from $0.59 a year earlier.

Analysts surveyed by Capital IQ expected $0.59.

Total investment income for the quarter ended Sept. 30 was $775 million, up from $655 million a year earlier.

Analysts surveyed by Capital IQ expected $773.3 million.

The company said it has maintained its quarterly dividend of $0.48 per share, payable on Dec. 30 to shareholders of record on Dec. 13.

Price: 21.62, Change: -0.05, Percent Change: -0.23

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