Ares Capital is expected to report a year-over-year decline in earnings per share when it releases second-quarter results on July 29. The consensus estimate calls for earnings of $0.47 per share, down 6% from the prior-year quarter, while revenues are projected to rise 3.2% to $768.95 million. The Zacks Earnings ESP stands at negative 3.85%, and the stock carries a Zacks Rank of 4, making it difficult to predict an earnings beat. The company has missed consensus EPS estimates in each of the last four quarters.
Ares Capital CorporationConsensus expects 6% EPS decline and company has missed estimates in each of last four quarters.