Core Viewpoint - Analysts forecast Ares Management (ARES) will report quarterly earnings of $1.12 per share, reflecting a year-over-year increase of 13.1%, with revenues expected to reach $1.05 billion, a 33% increase compared to the previous year [1]. Earnings Projections - Over the last 30 days, there has been a downward revision of 0.2% in the consensus EPS estimate for the quarter, indicating a collective reconsideration by analysts [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Financial Metrics Forecast - The consensus estimate for 'Financial Details Segments- Other fees' is $35.92 million, indicating a year-over-year change of +55.7% [5]. - The estimate for 'Financial Details Segments- Fee related performance revenues' is $18.87 million, reflecting a decrease of -12.5% from the previous year [5]. - Analysts predict 'Financial Details Segments- Management fees' will reach $918.85 million, showing a year-over-year increase of +26.5% [5]. - 'Financial Details Segments- Performance income-realized' is expected to be $121.20 million, a change of +10.5% from the prior year [6]. FPAUM Rollforward Estimates - The 'FPAUM Rollforward - Ending Balance - Total' is projected to be $350.31 billion, up from $275.85 billion year-over-year [6]. - 'FPAUM Rollforward - Ending Balance - Credit Group' is expected to reach $227.22 billion, compared to $197.09 billion in the same quarter last year [7]. - The estimate for 'FPAUM Rollforward - Ending Balance - Private Equity Group' is $12.94 billion, up from $12.27 billion year-over-year [7]. - 'FPAUM Rollforward - Ending Balance - Real Assets Group' is projected at $78.91 billion, significantly up from $41.62 billion in the previous year [8]. - 'FPAUM Rollforward - Ending Balance - Secondaries Group' is expected to be $24.56 billion, compared to $20.46 billion last year [8]. AUM Rollforward Estimates - The estimated 'AUM Rollforward - Ending Balance - Total' is $566.81 billion, up from $447.23 billion year-over-year [9]. - 'AUM Rollforward - Ending Balance - Private Equity Group' is projected at $26.98 billion, compared to $24.58 billion last year [9]. - The 'AUM Rollforward - Ending Balance - Real Assets Group' is expected to reach $129.38 billion, up from $67.69 billion in the same quarter of the previous year [10]. Stock Performance - Over the past month, Ares Management shares have recorded returns of +8.2%, outperforming the Zacks S&P 500 composite's +3.6% change [11].
Stay Ahead of the Game With Ares Management (ARES) Q2 Earnings: Wall Street's Insights on Key Metrics