Ares Capital (ARCC - Free Report) reported $640 million in revenue for the quarter ended December 2022, representing a year-over-year increase of 21%. EPS of $0.68 for the same period compares to $0.52 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $577.74 million, representing a surprise of +10.78%. The company delivered an EPS surprise of +21.43%, with the consensus EPS estimate being $0.56.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Ares Capital performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Dividend income [$M]: $110 million versus $104.97 million estimated by five analysts on average.
- Other Income [$M]: $15 million versus the five-analyst average estimate of $12.98 million.
- Capital Structuring Service Fees [$M]: $59 million versus the five-analyst average estimate of $40.95 million.
- Interest Income From Investments [$M]: $456 million versus $416.69 million estimated by five analysts on average.
View all Key Company Metrics for Ares Capital here>>>
Shares of Ares Capital have returned +5.4% over the past month versus the Zacks S&P 500 composite's +5.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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It’s not even close. Despite ups and downs, Bitcoin has been more profitable for investors than any other decentralized, borderless form of money.
No guarantees for the future, but in the past three presidential election years, Bitcoin’s returns were as follows: 2012 +272.4%, 2016 +161.1%, and 2020 +302.8%. Zacks predicts another significant surge in months to come.
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Ares Capital (ARCC - Free Report) reported $640 million in revenue for the quarter ended December 2022, representing a year-over-year increase of 21%. EPS of $0.68 for the same period compares to $0.52 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $577.74 million, representing a surprise of +10.78%. The company delivered an EPS surprise of +21.43%, with the consensus EPS estimate being $0.56.
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:
View all Key Company Metrics for Ares Capital here>>>
Shares of Ares Capital have returned +5.4% over the past month versus the Zacks S&P 500 composite's +5.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
Highest Returns for Any Asset Class
It’s not even close. Despite ups and downs, Bitcoin has been more profitable for investors than any other decentralized, borderless form of money.
No guarantees for the future, but in the past three presidential election years, Bitcoin’s returns were as follows: 2012 +272.4%, 2016 +161.1%, and 2020 +302.8%. Zacks predicts another significant surge in months to come.
Hurry, Download Special Report – It’s FREE >>
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