Ares Capital (ARCC) Lags Q1 Earnings and Revenue Estimates

Ares Capital (ARCC) came out with quarterly earnings of $0.50 per share, missing the Zacks Consensus Estimate of$ 0.54 per share. This compares to earnings of $0.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.41%. A quarter ago, it was expected that this private equity firm would post earnings of$ 0.58 per share when it actually produced earnings of $0.55, delivering a surprise of -5.17%.Over the last four quarters, the ...