Ares Capital (NASDAQ: ARCC) ended the recent trading session at $20.71, demonstrating a +0.1% swing from the preceding day's closing price. This change lagged the S&P 500's 0.25% gain on the day. On the other hand, the Dow registered a gain of 0.2%, and the technology-centric Nasdaq increased by 0.56%.
Prior to today's trading, shares of the private equity firm had lost 1.34% over the past month. This has lagged the Finance sector's gain of 1.86% and the S&P 500's gain of 1.65% in that time.
The investment community will be paying close attention to the earnings performance of Ares Capital in its upcoming release. It is anticipated that the company will report an EPS of $0.59, marking stability compared to the same quarter of the previous year. At the same ...
