Ares Management (ARES) Q4 Earnings and Revenues Miss Estimates

Ares Management (ARES) came out with quarterly earnings of $1.45 per share, missing the Zacks Consensus Estimate of $1.71 per share. This compares to earnings of $1.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -15.20%. A quarter ago, it was expected that this private equity firm would post earnings of $1.14 per share when it actually produced earnings of $1.19, delivering a surprise of +4.39%.Over the last four quarters, ...