Ares Capital Corporation (NASDAQ:ARCC) will be discussing 2Q20 financial results with the investment community.on 4th August 2020 at 11:00 AM eastern time.
Those interested in listening to the conference call live via the Internet can visit www.arescapitalcorp.com
Earnings Expectation
Ares Capital Corporation is expected to report second quarter earnings results, before market open, on Tuesday 4th August 2020. Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.38 per share from revenue of $ 350.66 million. Looking ahead, the full year income are expected at $ 1.58 per share on the revenues of $ 1433.32 million.
Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in the basic and growth manufacturing, business services, consumer products, health care products and services, and information technology service sectors.
