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home / news releases / ARCC - Ares Capital (ARCC) Q1 2024 Earnings Call Transcript


ARCC - Ares Capital (ARCC) Q1 2024 Earnings Call Transcript

2024-05-01 13:32:48 ET

Ares Capital (ARCC)

Q1 2024 Earnings Conference Call

May 1, 2024 10:00 AM ET

Company Participants

John Stilmar - Partner, Co-Head of Public Markets IR

Kipp DeVeer - CEO

Scott Lem - CFO

Mitch Goldstein - Co-President

Kort Schnabel - Co-President, Los Angeles

Conference Call Participants

John Hecht - Jefferies

Finian O'Shea - Wells Fargo

Melissa Wedel - JPMorgan

Casey Alexander - Compass Point

Paul Johnson - KBW

Mark Hughes - Truist

Erik Zwick - Hovde Group

Robert Dodd - Raymond James

Presentation

Operator

Good morning. Welcome to Ares Capital Corporation's First Quarter March 31st, 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. As a reminder, this conference is being recorded on Wednesday, May 1st, 2024.

I will now turn the call over to Mr. John Stilmar, Partner of Ares Public Markets Investor Relations.

John Stilmar

Thank you. Let me start with some important reminders. Comments made during the course of this conference call and webcast and the accompanying documents contain forward-looking statements and are subject to risks and uncertainties. The company's actual results could differ materially from those expressed in such forward-looking statements for any reason, including those listed in its SEC filings.

Ares Capital Corporation assumes no obligation to update any such forward-looking statements. Please also note that past performance or market information is not a guarantee of future results.

During this conference call, the company may discuss certain non-GAAP measures as defined by SEC Regulation G, such as core earnings per share. The company believes that core EPS provides useful information to investors regarding financial performance because it's one method the company uses to measure its financial condition and results of operation.

A reconciliation of GAAP net income per share to the most directly comparable GAAP financial measure to core EPS can be found in the accompanying slide presentation for this call. In addition, reconciliation of these measures may also be found in our earnings release filed this morning with the SEC on Form 8-K.

Certain information discussed in this conference call and the accompanying slide presentation, including information related to portfolio of companies is derived from third-party sources and has not been independently verified and accordingly, the company makes no representation or warranty with respect to this information....

For further details see:

Ares Capital (ARCC) Q1 2024 Earnings Call Transcript
Stock Information

Company Name: Ares Capital Corporation
Stock Symbol: ARCC
Market: NASDAQ
Website: arescapitalcorp.com

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