What Ares Capital promised, and what happened

Guidance Tracker · every commitment management made on a call, tracked from the quarter it was made

Guidance

What management said, and what became of it

2 of 2 judged targets kept · 5 open · verdicts reflect calls analysed to Jun 2026.

Target	Original wording	Said	Latest call	Verdict
Spillover income	$988 million or $1.38 per share	Mar 2026	Jun 2026:Turning to our taxable income spillover, we currently estimate that we will carry forward approximately $988 million or $1.38 per share available for distribution to stockholders in future periods. Call transcript, Jun 2026 · no direct link	On Track

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

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