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Ares Capital (ARCC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

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For the quarter ended September 2024, Ares Capital (ARCC - Free Report) reported revenue of $775 million, up 18.3% over the same period last year. EPS came in at $0.58, compared to $0.59 in the year-ago quarter.

The reported revenue represents a surprise of +1.05% over the Zacks Consensus Estimate of $766.94 million. With the consensus EPS estimate being $0.59, the EPS surprise was -1.69%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Ares Capital performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Dividend income: $151 million versus $141.38 million estimated by four analysts on average.
  • Other Income: $18 million versus the four-analyst average estimate of $15.27 million.
  • Capital Structuring Service Fees: $38 million versus $44.31 million estimated by four analysts on average.
  • Interest Income From Investments: $568 million compared to the $560.13 million average estimate based on four analysts.
View all Key Company Metrics for Ares Capital here>>>

Shares of Ares Capital have returned +4% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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