Ares Management (ARES) Q1 Earnings Beat Estimates

Ares Management (ARES) came out with quarterly earnings of $1.09 per share, beating the Zacks Consensus Estimate of$ 0.94 per share. This compares to earnings of $0.80 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15.96%. A quarter ago, it was expected that this private equity firm would post earnings of$ 1.29 per share when it actually produced earnings of $1.23, delivering a surprise of -4.65%.Over the last four quarters, ...