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Ares Management (ARES) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ARESAres(ARES) ZACKS·2024-11-01 14:36

Ares Management (ARES) reported 802.95millioninrevenueforthequarterendedSeptember2024,representingayear−over−yearincreaseof17.9802.95 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 17.9%. EPS of 0.95 for the same period compares to 0.83ayearago.Thereportedrevenuerepresentsasurpriseof−3.680.83 a year ago.The reported revenue represents a surprise of -3.68% over the Zacks Consensus Estimate of 833.58 million. With the consensus EPS estimate being $0.94, the EPS surprise was +1.06%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to ...