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Ares Capital Q4 Earnings Miss as Expenses Increase Y/Y, Stock Down
ARCCAres Capital(ARCC) ZACKS·2025-02-06 22:31

Shares of Ares Capital Corporation (ARCC) fell 3% in Wednesday’s trading session on lower-than-expected results. Its fourth-quarter 2024 core earnings of 55 cents per share missed the Zacks Consensus Estimate of 58 cents. The bottom line reflects a decline of 12.7% from the prior-year quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The results were primarily affected by an increase in expenses. Nonetheless, an improvement in the total investment income and the company’s robu ...