STOCK TITAN

Ares Capital Corporation Schedules Earnings Release for the First Quarter Ended March 31, 2021

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Ares Capital Corporation (NASDAQ: ARCC) will report its earnings for Q1 2021 on April 28, 2021, before the Nasdaq opens. A conference call and webcast will be held at 11:00 a.m. ET on the same day to discuss the financial results. Ares Capital focuses on providing direct loans and investments in middle market companies in the U.S., aiming to generate income and capital appreciation. As of March 31, 2021, it is the largest business development company by market capitalization. Risks include COVID-19 impacts and market volatility affecting performance.

Positive
  • Ares Capital is the largest business development company by market capitalization as of March 31, 2021.
  • The company focuses on high-quality borrowers to drive economic growth and employment.
Negative
  • Potential risks from COVID-19 affecting business performance.
  • Market volatility may impact financial condition and results.

Ares Capital Corporation (“Ares Capital”) (NASDAQ: ARCC) announced today that it will report earnings for the first quarter ended March 31, 2021 on Wednesday, April 28, 2021 prior to the opening of the Nasdaq Global Select Market. Ares Capital invites all interested persons to attend its webcast/conference call at 11:00 a.m. (Eastern Time) on the same day to discuss its first quarter ended March 31, 2021 financial results.

All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of our website at www.arescapitalcorp.com. Please visit the website to test your connection before the webcast. Domestic callers can access the conference call by dialing (888) 317-6003. International callers can access the conference call by dialing +1 (412) 317-6061. All callers will need to enter the Participant Elite Entry Number 1463506 followed by the # sign and reference “Ares Capital Corporation” once connected with the operator. All callers are asked to dial in 10-15 minutes prior to the call so that name and company information can be collected. For interested parties, an archived replay of the call will be available approximately one hour after the end of the call through May 12, 2021 at 5:00 p.m. (Eastern Time) to domestic callers by dialing (877) 344-7529 and to international callers by dialing +1 (412) 317-0088. For all replays, please reference conference number 10153140. An archived replay will also be available through May 12, 2021 on a webcast link located on the Home page of the Investor Resources section of Ares Capital’s website.

ABOUT ARES CAPITAL CORPORATION

Founded in 2004, Ares Capital is a leading specialty finance company focused on providing direct loans and other investments in private middle market companies in the United States. Ares Capital’s objective is to source and invest in high-quality borrowers that need capital to achieve their business goals, which often leads to economic growth and employment. Ares Capital believes its loans and other investments in these companies can generate attractive levels of current income and potential capital appreciation for investors. Ares Capital, through its investment manager, utilizes its extensive, direct origination capabilities and incumbent borrower relationships to source and underwrite predominantly senior secured loans but also subordinated debt and equity investments. Ares Capital has elected to be regulated as a business development company (“BDC”) and is the largest BDC by market capitalization as of March 31, 2021. Ares Capital is externally managed by a subsidiary of Ares Management Corporation (NYSE: ARES), a publicly traded, leading global alternative investment manager. For more information about Ares Capital, visit www.arescapitalcorp.com.

FORWARD-LOOKING STATEMENTS

Statements included herein or on the webcast/conference call may constitute “forward-looking statements,” which relate to future events or Ares Capital’s future performance or financial condition. These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties, including the impact of COVID-19 and related changes in base interest rates and significant market volatility on our business, our portfolio companies, our industry and the global economy. Actual results and conditions may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in Ares Capital’s filings with the Securities and Exchange Commission. Ares Capital undertakes no duty to update any forward-looking statements made herein or on the webcast/conference call.

FAQ

When will Ares Capital Corporation report earnings for Q1 2021?

Ares Capital Corporation will report its Q1 2021 earnings on April 28, 2021.

What time is the Ares Capital Corporation conference call for Q1 2021 results?

The conference call will be held at 11:00 a.m. ET on April 28, 2021.

How can I listen to the Ares Capital Corporation earnings call?

You can listen via telephone at (888) 317-6003 for domestic callers or +1 (412) 317-6061 for international callers.

What is Ares Capital Corporation's focus in the finance industry?

Ares Capital focuses on providing direct loans and investments in private middle market companies.

What risks does Ares Capital Corporation face?

Ares Capital faces risks from COVID-19 impacts and significant market volatility.

Ares Capital Corporation

NASDAQ:ARCC

ARCC Rankings

ARCC Latest News

ARCC Stock Data

13.49B
640.78M
0.53%
30%
2.7%
Asset Management
Financial Services
Link
United States of America
NEW YORK