Ares Management (ARES) Lags Q4 Earnings Estimates

Group 1 - Ares Management reported quarterly earnings of $1.23 per share, missing the Zacks Consensus Estimate of$ 1.29 per share, but showing an increase from $1.21 per share a year ago, resulting in an earnings surprise of -4.65% [1] - The company posted revenues of$ 1.24 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.67%, compared to year-ago revenues of $951.78 million [2] - Ares Management shares have increased approximately 10.4% since the beginning of the year, outperforming the S&P 500's gain of 2.7% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is$ 1.06 on revenues of $925.59 million, and for the current fiscal year, it is$ 5.56 on revenues of $4.92 billion [7] - The Zacks Industry Rank for Financial - Investment Management is currently in the bottom 18% of over 250 Zacks industries, indicating potential challenges for stocks in this sector [8]