Ares Capital Reports Q1 Core EPS of $0.47 Amid Market Volatility
Ares Capital (ARCC) reported Q1 core earnings per share of $0.47, with an annualized ROE of 9.6%, though GAAP EPS fell to $0.13 due to net unrealized losses. The company's portfolio stood at $29.5 billion, with management attributing most marks to market-driven factors. The firm originated $3.2 billion in loans and has a $1.8 billion backlog for Q2.
Tickers: $ARCC
Topics: Dividend Earnings Financial Performance Market Conditions Portfolio Management