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Ares Capital Co. (NASDAQ:ARCC – Get Rating) has been assigned an average recommendation of “Buy” from the nine ratings firms that are currently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12-month price objective among […]
Ares Capital (NASDAQ:ARCC – Get Rating) issued its quarterly earnings data on Tuesday. The investment management company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.05), MarketWatch Earnings reports. The business had revenue of $440.00 million during the quarter, compared to the consensus estimate of $486.12 million. Ares […]
Ares Capital (NASDAQ:ARCC – Get Rating) had its target price raised by investment analysts at Wells Fargo & Company from $22.50 to $23.00 in a research report issued to clients and investors on Monday, Benzinga reports. The firm currently has an “overweight” rating on the investment management company’s stock. Wells Fargo & Company‘s price objective […]
Analysts predict that Ares Capital Co. (NASDAQ:ARCC – Get Rating) will report $488.67 million in sales for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Ares Capital’s earnings, with the highest sales estimate coming in at $495.65 million and the lowest estimate coming in at $480.66 million. Ares Capital posted […]
Wall Street brokerages forecast that Ares Capital Co. (NASDAQ:ARCC – Get Rating) will announce $0.47 earnings per share (EPS) for the current quarter, Zacks reports. Four analysts have provided estimates for Ares Capital’s earnings, with estimates ranging from $0.43 to $0.49. Ares Capital posted earnings per share of $0.43 during the same quarter last year, […]