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Sep 30, 2024
Ares Capital Q3 2024 Earnings Report
Announced financial results for the third quarter ended September 30, 2024 and declared a fourth quarter 2024 dividend of $0.48 per share.
Key Takeaways
Ares Capital reported a GAAP net income of $394 million, or $0.62 per share, and a Core EPS of $0.58 for the third quarter of 2024. The company's net asset value per share reached a record high, supported by robust new investment activity and healthy credit performance. A fourth quarter dividend of $0.48 per share was declared.
Reported strong third quarter Core EPS.
Achieved another record in net asset value per share.
Experienced robust new investment activity.
Observed healthy credit performance.
Ares Capital
Ares Capital
Forward Guidance
No specific forward guidance was provided in the press release.