Wall Street expects a year-over-year increase in earnings on higher revenues when Ares Management (ARES) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on August 2, 2024, might help the stock move higher if these key numbers are better than ex ...

DENVER, June 24, 2024 /PRNewswire/ -- Unrivaled Sports, a leader in world-class youth and recreational sports experiences, announced today that it has made a strategic investment in SNÖBAHN, the nation's premier indoor action sports center with two locations in Colorado. Additionally, the company announced a strategic investment in its action sports division by Ares Management funds. Ares' investment enhances a team that includes snowboarding legend Shaun White, The Chernin Group (TCG), and Unrivaled Sports ...

Ares Management Corporation (ARES) is in talks on a possible merger with real estate investment firm GLP Capital Partners Ltd. The news was first reported by Bloomberg, citing people with knowledge of the matter who asked not to be identified because the information is private.There is no certainty yet that the talks will lead to a deal. Representatives for ARES and GLP Capital declined to comment on the matter.If finalized, the merger will rank as one of the biggest combinations in the alternative asset ma ...

On its 2024 investor day, Ares Management Corporation (ARES) set out numerous targets for the next five years. ARES has been benefiting from high interest rates and robust demand for private credit. The company will focus on credit, wealth and insurance for its growth.ARES expects to increase assets under management (AUM) to more than $750 billion by the end of 2028. This indicates an increase of more than 75% from the 2023-end reported figure of $419 billion. This will be driven by scaling existing funds, ...

LONDON and MONTRÉAL, May 16, 2024 /PRNewswire/ - Ares Management's Infrastructure Debt and Alternative Credit strategies (Ares), CDPQ, and Schroders Capital's Private Debt and Credit Alternatives team announced today that they have concluded an agreement to provide up to EUR 750 million [approx. CAD 1.1 billion] in financing to Vantage Data Centers, a leading global provider of hyperscale1 data center campuses, to expand the company's EMEA platform. Ares and CDPQ are providing up to EUR 300 million respecti ...

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 March 31, 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 ...

Investors looking for stocks in the Financial - Investment Management sector might want to consider either Patria Investments (PAX) or Ares Management (ARES) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates an ...

Ares Management Corporation (NYSE:ARES) Q1 2024 Earnings Conference Call May 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 Alex Blostein - Goldman Sachs Steven Chubak - Wolfe Research Ben Budish - Barclays Ken Worthington - JPMorgan Michael Cyprys - Morgan Stanley Brennan Hawken - UBS Operator Welcome to the Ares Management Corporation's First Quarter Earnings Con ...

Ares Management (ARES) reported $736.42 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 12.5%. EPS of $0.80 for the same period compares to $0.71 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $814.88 million, representing a surprise of -9.63%. The company delivered an EPS surprise of -13.98%, with the consensus EPS estimate being $0.93.While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...

| --- | --- | --- | --- | |------------------------------------------|-------|-------|-------| | | | | | | | | | | | ØARES | | | | | | | | | | Earnings Presentation First 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 de ...