Ares Capital Q3 GAAP EPS $0.89 vs $0.21 YoY; declares Q4 dividend $0.48/share

ARES CAPITAL CORP

2023-Q3 EPS reported $1.98

GAAP net income $500M ($0.89/share) vs $104M ($0.21) in Q3-22; Core EPS $0.59 vs $0.50.
NAV per share $18.99 vs $18.40 at Dec 31; leverage down to 1.03x net debt/equity from 1.26x.
Q4 dividend declared $0.48/share, payable Dec 28, record Dec 15; flat QoQ, up from $0.46 regular year-ago.
Q3 new investment commitments $1.6B, exits $1.3B; raised $600M 7.000% unsecured notes due 2027.
Non-accrual loans improved to 1.2% of portfolio at cost from 1.7% at Dec 31, 2022.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ARES CAPITAL CORP reported financial results for third quarter ended September 30, 2023.

Period: third quarter ended September 30, 2023
Result: reported results

Exact text from the filing

On October 24, 2023, the registrant issued a press release announcing its financial results for the quarter ended September 30, 2023.

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168 earnings releases filed in the last 30 days. Browse all earnings releases →

ARES CAPITAL CORP filing history →

Source: SEC EDGAR

accession 0001287750-23-000043

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