Headline: Ares Capital Reports Q4 Earnings of $50 Per Share, Revenue Below Expectations - ARCC

[Para 1: The Lead] Ares Capital Corp. (ARCC) reported Q4 net income of $293 million, equating to 50 cents per share, matching analyst forecasts. Despite this, revenue of $793 million fell short of Street estimates of $796 million. [Para 2-3: Supporting details & Context] For the fiscal year, Ares Capital recorded a profit of $1.3 billion, or $1.86 per share, on revenue of $3.05 billion. Since the start of the year, ARCC shares have declined slightly over 5%, and over the last 12 months, the stock has fallen 20%. The company's earnings per share and revenue figures are pivotal for investors assessing the health of its private equity operations.