Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag BankPlus Wealth Management increases Ares Capital holdings, despite company missing earnings estimates.

flag BankPlus Wealth Management LLC increased its holdings in Ares Capital Corporation (ARCC) by 2.5%, now owning 19,809 shares. flag Ares Capital, an investment management company with a market cap of $15.24 billion, recently reported $0.50 EPS, missing estimates by $0.04. flag Despite this, the company's revenue was up 4.4% compared to the same quarter last year. flag Analysts predict Ares Capital will post 2.19 EPS for the year, and the stock has a consensus price target of $22.00 with a "Moderate Buy" rating. flag The company also declared a quarterly dividend of $0.48, yielding 8.75%.

19 Articles