Ares Capital Misses Q1 Estimates, Declares $0.48 Q2 Dividend
Ares Capital reported Q1 net income of $92 million and adjusted EPS of $0.47, below analysts’ $0.48 estimate, on revenues of $763 million versus $769 million forecast. The board declared a Q2 dividend of $0.48 per share, sustaining its quarterly payout level.
1. Q1 Financial Results
Ares Capital reported net income of $92 million for Q1 2026, translating to GAAP EPS of $0.13 and adjusted EPS of $0.47 per share, compared with analysts’ estimate of $0.48. Quarterly revenue was $763 million, below the $769 million forecast.
2. Dividend Declaration
The board declared a second-quarter dividend of $0.48 per share, maintaining the company’s quarterly payout at the same level as the previous period.
3. Share Performance
Since the start of the year, Ares Capital shares have declined 8%, and they have fallen 12% over the past 12 months, reflecting investor response to the earnings shortfall and broader market trends.