Ares Management (ARES) Q2 Earnings Top Estimates

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, ...