Posted 3/6/2024, 10:45:20 PM
Ares Capital Stock Outperforms Major Indexes in Latest Trading
- Ares Capital (ARCC) stock outperformed the S&P 500 and Dow in latest market close, rising 0.79%
- ARCC stock has climbed 1.45% in past month, less than the Finance sector's 4.57% gain
- ARCC expected to report Q4 EPS of $0.58, up 3.57%, on revenue of $700.81M, up 13.4%
- Full-year consensus estimates call for ARCC earnings of $2.32 per share, down 2.11%, on revenue of $2.84B, up 8.59%
- ARCC holds a Forward P/E ratio of 8.72, a premium compared to industry average of 7.59