Ares Capital Corporation (NASDAQ:ARCC) Q1 2024 Earnings Call Transcript May 1, 2024 Ares Capital Corporation reports earnings inline with expectations. Reported EPS is $0.59 EPS, expectations were $0.59. ARCC isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning. Welcome […]
Ares Capital (ARCC) records y/y increases in revenues and expenses in the first quarter of 2024.
The average brokerage recommendation (ABR) for Ares Capital (ARCC) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?