Earnings call transcript: Ares Capital meets Q2 2026 EPS forecast

Ares Capital (ARCC) reported Q2 2026 core EPS of $0.47, matching Wall Street expectations, but revenue slightly missed forecasts at $768 million. The company maintained its quarterly dividend of $0.48 per share and highlighted solid credit metrics, increased activity from existing borrowers, and the launch of a new commercial paper program aimed at lowering funding costs. Management emphasized their selective lending approach and strong balance sheet position amidst a cautious market.