In its upcoming report, Ares Management (ARES) is predicted by Wall Street analysts to post quarterly earnings of $0.94 per share, reflecting an increase of 13.3% compared to the same period last year. Revenues are forecasted to be $833.58 million, representing a year-over-year increase of 22.4%. Over the last 30 days, there has been a downward revision of 2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their ...

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Daniel GrizeljIntroduction What do pension funds, insurance companies, banks, and sovereign wealth funds have in common? They are all looking for above-average returns in a market with a somewhat unfavorable risk/reward. This is a trend that started well before 2024. In 2021, for example, The Wall Street Journal discussed the emerging trend of pension funds moving into riskier alternative assets "to make up for billion-dollar shortfalls and fulfill future retirement promises." The quote below is from an ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-36429 ARES MANAGEMENT CORPORATION (Exact name of Registrant as specified in its charter) Delaware 80-0962035 (State or other ...

Ares Management Corporation (NYSE:ARES) Q2 2024 Earnings Conference Call August 2, 2024 11:00 AM ET Company Participants Greg Mason - Co-Head-Public Markets IR Michael Arougheti - CEO Jarrod Phillips - CFO Conference Call Participants Craig Siegenthaler - Bank of America Steven Chubak - Wolfe Research Alex Blostein - Goldman Sachs Brennan Hawken - UBS Bill Katz - TD Cowen Ben Budish - Barclays Ken Worthington - JPMorgan Patrick Davitt - Autonomous Research Michael Cyprys - Morgan Stanley Brian Bedell - Deut ...

Ares Management Corporation Reports Second Quarter 2024 Results NEW YORK--Ares Management Corporation (NYSE:ARES) today reported its financial results for its second quarter ended June 30, 2024. GAAP net income attributable to Ares Management Corporation was $94.9 million for the quarter ended June 30, 2024. On a basic and diluted basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.43 for the quarter ended June 30, 2024. After-tax realized in ...

For the quarter ended June 2024, Ares Management (ARES) reported revenue of $786.5 million, down 0.7% over the same period last year. EPS came in at $0.99, compared to $0.90 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $860.09 million, representing a surprise of -8.56%. The company delivered an EPS surprise of +1.02%, with the consensus EPS estimate being $0.98.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

Ares Management (ARES) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $0.90 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.02%. A quarter ago, it was expected that this private equity firm would post earnings of $0.93 per share when it actually produced earnings of $0.80, delivering a surprise of -13.98%.Over the last four quarters, ...

| --- | --- | --- | --- | |-------------------------------------------|-------|-------|-------| | | | | | | | | | | | ØARES | | | | | | | | | | Earnings Presentation Second Quarter 2024 | | | | Important Notice This presentation is prepared for Ares Management Corporation ('Ares'') (NYSE: ARES) for the benefit of its public stockholders. This presenta purposes in connection with evaluating the business, operations and financial results of Ares and certain of its affiliates. Any discussio provided solely to ...

In its upcoming report, Ares Management (ARES) is predicted by Wall Street analysts to post quarterly earnings of $0.98 per share, reflecting an increase of 8.9% compared to the same period last year. Revenues are forecasted to be $868.13 million, representing a year-over-year increase of 9.6%.Over the last 30 days, there has been a downward revision of 1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their in ...