earnings
confidence high
sentiment negative
materiality 0.75
Ares Capital Q4 GAAP EPS $0.55, down from $0.72; dividend held at $0.48
ARES CAPITAL CORP
2024-FY EPS reported
$2.44
- Q4 GAAP EPS $0.55 vs $0.72; Core EPS $0.55 vs $0.63.
- FY 2024 GAAP EPS $2.44 vs $2.75; Core EPS $2.33 vs $2.37.
- Portfolio investments at fair value $26.7B, up from $22.9B; debt/equity ratio 1.03x.
- Non-accrual loans increased to 1.7% of cost (1.0% value) from 1.3% (0.6%) a year ago.
- Dividend steady at $0.48 per share for Q1; $1.0B 5.8% unsecured notes issued due 2032.