Ares Capital reports Q3 core EPS 50c, consensus 50c

Reports Q3 NAV per share $20.01. “We reported strong third quarter Core EPS and another record in our net asset value per share, reflecting continued healthy credit performance and an increase in new investment activity,” said Kort Schnabel, CEO of Ares Capital (ARCC). “Looking forward, we believe our origination strength and rigorous credit standards position us to benefit from an improving market environment and build upon our longstanding track record of leading investment performance.”