For 14 years, the federal funds rate has hovered around zero. The Federal Reserve or “Fed” maintained these low rates to stimulate the economy during two steep market downturns: the 2008 Great Recession and the 2020 COVID-19 pandemic sell-off.
Ares Capital (NASDAQ:ARCC) reported quarterly earnings of $0.42 per share which missed the analyst consensus estimate of $0.46 by 8.7 percent. This is a 2.33 percent decrease over earnings of $0.43 per share from the
Ares Capital (NASDAQ:ARCC) reported its Q4 earnings results on Wednesday, February 9, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.