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 ...

Core Viewpoint - Ares Management is expected to report a year-over-year increase in earnings and revenues, but actual results compared to estimates will significantly influence its stock price [1][2]. Earnings Expectations - The consensus estimate for Ares Management's quarterly earnings is $0.98 per share, reflecting an 8.9% increase year-over-year [2]. - Revenues are projected to be $868.13 million, which is a 9.6% increase from the same quarter last year [2]. Estimate Revisions - The consensus EPS estimate has been revised down by 1.01% over the last 30 days, indicating a reassessment by analysts [2]. - Ares Management's Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.81%, suggesting a bearish outlook from analysts [5]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, especially when combined with a strong Zacks Rank [4]. - Ares Management currently holds a Zacks Rank of 3, which complicates the prediction of an earnings beat [5][6]. Historical Performance - In the last reported quarter, Ares Management was expected to post earnings of $0.93 per share but only achieved $0.80, resulting in a surprise of -13.98% [7]. - Over the past four quarters, Ares Management has beaten consensus EPS estimates two times [7]. Conclusion - Ares Management does not appear to be a compelling candidate for an earnings beat based on current estimates and revisions, but other factors should also be considered by investors [8].

Company Overview - Unrivaled Sports has made a strategic investment in SNÖBAHN, a leading indoor action sports center in Colorado, enhancing its action sports division with support from Ares Management funds [1][4] - SNÖBAHN aims to expand into new markets, making action and snow sports more accessible, with state-of-the-art facilities designed for efficient learning in skiing, snowboarding, skateboarding, and BMX [2][8] - The partnership with notable athletes like Shaun White and Bode Miller is expected to drive growth and participation in action sports [3][5] Investment and Growth Strategy - Ares Management's investment is aligned with Unrivaled Sports' commitment to enriching communities and inspiring future athletes through innovative training experiences [4][9] - The collaboration aims to introduce action sports to a broader audience, leveraging urban-centric facilities and professional instructors [4][5] - SNÖBAHN's unique training approach is designed to break down geographical barriers traditionally associated with learning snow sports [2][3] Market Position and Future Plans - SNÖBAHN is positioned as a scalable platform for growing participation in various action sports, supported by a strong curriculum and influential partnerships [3][4] - Unrivaled Sports' portfolio includes various youth sports properties, indicating a diversified approach to sports development [6][7] - The company is currently running summer camps at its Colorado locations, further promoting engagement in action sports [5][8]

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, ...

Core Insights - Ares Management, CDPQ, and Schroders Capital have agreed to provide up to EUR 750 million (approximately CAD 1.1 billion) in financing to Vantage Data Centers to expand its EMEA platform [1][2] - The financing will support the growth of Vantage EMEA's high-quality data center portfolio, which is one of the fastest-growing hyperscale data center platforms in the region [2][3] Group 1: Financing Details - Ares and CDPQ are each providing up to EUR 300 million, while Schroders Capital is contributing up to EUR 150 million [1] - The financing, along with incremental equity, aims to enhance Vantage's data center capabilities across Europe and South Africa [2][4] Group 2: Market Position and Growth - Vantage's EMEA portfolio consists of 14 campuses in key markets, targeting a combined IT capacity of 751MW once fully developed [2] - The data centers are contracted long-term to global cloud service providers and top-tier internet providers, indicating a strong demand for scalable and reliable computing power [2][4] Group 3: Strategic Importance - The investment reflects the increasing reliance on digital infrastructure due to AI adoption and cloud capacity demand [3][4] - Vantage is committed to environmental stewardship, aiming for net zero carbon emissions by 2030, which aligns with global sustainability goals [4]

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 ...