STOCK TITAN

Ares Capital Corporation Schedules Earnings Release for the Second Quarter Ended June 30, 2021

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

Ares Capital Corporation (NASDAQ: ARCC) will report its earnings for Q2 2021 on July 28, 2021, before the market opens. A conference call will occur at 12:00 p.m. ET the same day, allowing interested parties to discuss the financial results. The call can be accessed via telephone or live webcast, with instructions provided on Ares Capital's website. Founded in 2004, Ares Capital focuses on lending to private middle market companies in the U.S., aiming to produce income and capital appreciation for investors.

Positive
  • Ares Capital is the largest business development company (BDC) by market capitalization as of June 30, 2021.
  • The company aims to invest in high-quality borrowers, potentially leading to economic growth.
Negative
  • Forward-looking statements indicate significant risks due to COVID-19, interest rate changes, and market volatility.

Ares Capital Corporation (“Ares Capital”) (NASDAQ: ARCC) announced today that it will report earnings for the second quarter ended June 30, 2021 on Wednesday, July 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 12:00 p.m. (Eastern Time) on the same day to discuss its second quarter ended June 30, 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 5926154 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 August 11, 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 10156455. An archived replay will also be available through August 11, 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 June 30, 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 report its earnings for Q2 2021?

Ares Capital will report its Q2 2021 earnings on July 28, 2021.

What time is the Ares Capital conference call scheduled?

The conference call is scheduled for 12:00 p.m. ET on July 28, 2021.

How can I access the Ares Capital earnings call?

You can access the earnings call via telephone or live webcast on Ares Capital's website.

What is the significance of Ares Capital being the largest BDC?

Being the largest BDC by market capitalization enhances Ares Capital's market position and investor trust.

What risks does Ares Capital mention in its press release?

Ares Capital cites risks related to COVID-19, interest rate fluctuations, and market volatility.

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