Core Insights - Ares Management reported a revenue of 1.24billionforthequarterendedDecember2024,reflectingayear−over−yearincreaseof30.61.22 billion [1] - The earnings per share (EPS) for the quarter was 1.23,slightlyupfrom1.21 in the same quarter last year, but below the consensus estimate of 1.29,resultinginanEPSsurpriseof−4.65292.60 billion, which was lower than the average estimate of 299.03billionbythreeanalysts[4]−TheFPAUMfortheCreditGroupwas209.20 billion, below the average estimate of 213.65billion[4]−TheFPAUMforthePrivateEquityGroupwas11.40 billion, compared to the average estimate of 12.87billion[4]−TheFPAUMfortheRealAssetsGroupwas44.10 billion, slightly below the average estimate of 44.77billion[4]RevenueBreakdown−Otherfeesamountedto25.35 million, which was in line with the average estimate of 25.42million,showingayear−over−yearincreaseof15.5161.98 million, below the average estimate of 179.58million,representingayear−over−yeardeclineof6.6780.69 million, slightly below the average estimate of 786.26million,butreflectingan11275.25 million, exceeding the average estimate of 257million[4]RealizedIncomeAnalysis−RealizedincomefromtheSecondariesGroupwas39.48 million, surpassing the average estimate of 26.77million,markingayear−over−yearincreaseof16.774.21 million, exceeding the average estimate of 57.51million,representingayear−over−yearincreaseof24.415.83 million, below the average estimate of 21.60million,indicatingasignificantyear−over−yeardeclineof56.6529.14 million, slightly below the average estimate of $541.82 million, but showing a year-over-year increase of 16% [4] Stock Performance - Ares Management shares have returned +9.5% over the past month, outperforming the Zacks S&P 500 composite's +1.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]