Ares Capital Shares Decline 2.7% as Q1 Earnings Miss Estimates

Shares of Ares Capital Corporation (ARCC) lost 2.7% in Tuesday’s trading session on lower-than-expected results. Its first-quarter 2025 core earnings of 50 cents per share missed the Zacks Consensus Estimate of 54 cents. The bottom line also reflected a decline of 15.3% from the prior-year quarter.The results were primarily affected by lower portfolio exits and gross commitments. Yet, an improvement in the total investment income, a fall in expenses and the company’s robust activities offered some support.G ...