STOCK TITAN

Ares Capital Corporation Schedules Earnings Release for the First Quarter Ended March 31, 2022

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

Ares Capital Corporation (NASDAQ: ARCC) announced it will report its first-quarter earnings for the period ending March 31, 2022, on April 26, 2022, before the Nasdaq market opens. A conference call will follow at 10:00 AM (ET) to discuss the results. Interested participants can join via telephone or through a live webcast available on Ares Capital's website. The company is the largest publicly traded business development company and focuses on providing loans and investments to middle market companies in the U.S.

Positive
  • Ares Capital is the largest publicly traded business development company by market capitalization as of March 31, 2022.
Negative
  • None.

NEW YORK--(BUSINESS WIRE)-- Ares Capital Corporation (“Ares Capital”) (NASDAQ: ARCC) announced today that it will report earnings for the first quarter ended March 31, 2022 on Tuesday, April 26, 2022 prior to the opening of the Nasdaq Global Select Market. Ares Capital invites all interested persons to attend its webcast/conference call at 10:00 a.m. (Eastern Time) on the same day to discuss its first quarter ended March 31, 2022 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 4598105 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 10, 2022 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 3957963. An archived replay will also be available through May 10, 2022 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 publicly traded BDC by market capitalization as of March 31, 2022. 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.

Ares Capital Corporation

Carl G. Drake or John Stilmar

(888) 818-5298

irarcc@aresmgmt.com

Source: Ares Capital Corporation

FAQ

When will Ares Capital report its Q1 2022 earnings?

Ares Capital will report its Q1 2022 earnings on April 26, 2022.

What time is the Ares Capital earnings call scheduled?

The earnings call is scheduled for 10:00 AM Eastern Time on April 26, 2022.

How can I access the Ares Capital earnings call?

You can access the earnings call via telephone at (888) 317-6003 or through a live webcast on Ares Capital's website.

What is Ares Capital's focus as a business development company?

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

Who manages Ares Capital Corporation?

Ares Capital is externally managed by a subsidiary of Ares Management Corporation (NYSE: ARES).

Ares Capital Corporation

NASDAQ:ARCC

ARCC Rankings

ARCC Latest News

ARCC Stock Data

13.66B
640.75M
0.53%
30.04%
2.41%
Asset Management
Financial Services
Link
United States of America
NEW YORK