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Stock market today: World shares mostly higher after S&P 500 tops 5,000
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
An Unusual Way to Invest in Gold (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Obama’s 2024 Confession (Ad)
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Airbnb stock bulls just went all in before earnings
Obama’s 2024 Confession (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Stock market today: World shares mostly higher after S&P 500 tops 5,000
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
An Unusual Way to Invest in Gold (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Obama’s 2024 Confession (Ad)
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Airbnb stock bulls just went all in before earnings
Obama’s 2024 Confession (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Stock market today: World shares mostly higher after S&P 500 tops 5,000
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
An Unusual Way to Invest in Gold (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Obama’s 2024 Confession (Ad)
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Airbnb stock bulls just went all in before earnings
Obama’s 2024 Confession (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Stock market today: World shares mostly higher after S&P 500 tops 5,000

Ares Management (ARES) Earnings Date, Estimates & Call Transcripts

$136.71
+1.16 (+0.86%)
(As of 02/9/2024 08:55 PM ET)

Earnings Summary

Upcoming
Earnings Date
Apr. 26Estimated
Actual EPS
(Feb. 8)
$1.21 Beat By $0.11
Consensus EPS
(Feb. 8)
$1.10
Skip Charts & View Estimated and Actual Earnings Data

ARES Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

ARES Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Ares Management Analyst EPS Estimates

Current Year EPS Consensus Estimate:$4.65 EPS
Next Year EPS Consensus Estimate: $5.88 EPS

ARES Earnings Date and Information

Ares Management last posted its quarterly earnings data on February 8th, 2024. The asset manager reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.10 by $0.11. The firm had revenue of $1.05 billion for the quarter, compared to analyst estimates of $862.71 million. Ares Management has generated $2.39 earnings per share over the last year ($2.39 diluted earnings per share) and currently has a price-to-earnings ratio of 57.2. Earnings for Ares Management are expected to grow by 26.45% in the coming year, from $4.65 to $5.88 per share. Ares Management has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Friday, April 26th, 2024 based off prior year's report dates.

Ares Management Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
4/26/2024
Estimated)
------- 
2/8/2024Q4 2023$1.10$1.21+$0.11$1.56$862.71 million$1.05 billion    
10/31/2023Q3 2023$0.87$0.83($0.04)$1.36$736.58 million$671.30 million    
8/1/2023Q2 2023$0.85$0.90+$0.05$1.06$725.82 million$1.09 billion    
4/28/2023Q1 2023$0.82$0.71($0.11)$0.93$694.04 million$813.36 million    
2/9/2023Q4 2022$1.07$1.21+$0.14$1.80$813.69 million$937.72 million    
10/27/2022Q3 2022$0.74$0.75+$0.01$1.72$636.07 million$609.56 million    
7/28/2022Q2 2022$0.70$0.74+$0.04$1.27$618.30 million$618.17 million
4/28/2022Q1 2022$0.66$0.65($0.01)$1.06$605.10 million$715.00 million    
2/11/2022Q4 2021$0.73$0.85+$0.12$1.04$659.06 million$731.16 million    
10/27/2021Q3 2021$0.64$0.62($0.02)$0.79$528.44 million$512.59 million    
7/28/2021Q2 2021$0.50$0.64+$0.14$0.59$481.59 million$507.75 million    
4/29/2021Q1 2021$0.51$0.46($0.05)$0.60$436.80 million$411.25 million  












Ares Management Earnings - Frequently Asked Questions

When is Ares Management's earnings date?

Ares Management has not confirmed its next earnings publication date, but the company's estimated earnings date is Friday, April 26th, 2024 based off last year's report dates. Learn more on ARES's earnings history.

Did Ares Management beat their earnings estimates last quarter?

In the previous quarter, Ares Management (NYSE:ARES) reported $1.21 earnings per share (EPS) to beat the analysts' consensus estimate of $1.10 by $0.11. Learn more on analysts' earnings estimate vs. ARES's actual earnings.

How can I listen to Ares Management's earnings conference call?

The conference call for Ares Management's latest earnings report can be listened to online. Listen to Conference Call

How can I read Ares Management's conference call transcript?

The conference call transcript for Ares Management's latest earnings report can be read online. Read Transcript

How much revenue does Ares Management generate each year?

Ares Management (NYSE:ARES) has a recorded annual revenue of $4.69 billion.

How much profit does Ares Management generate each year?

Ares Management (NYSE:ARES) has a recorded net income of $167.54 million. ARES has generated $2.39 earnings per share over the last four quarters.

What is Ares Management's price-to-earnings ratio?

Ares Management (NYSE:ARES) has a trailing price-to-earnings ratio of 57.20 and a forward price-to-earnings ratio of 29.40. The price/earnings-to-growth ratio is 1.22.

What is Ares Management's EPS forecast for next year?

Ares Management's earnings are expected to grow from $4.65 per share to $5.88 per share in the next year, which is a 26.45% increase.


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This page (NYSE:ARES) was last updated on 2/12/2024 by MarketBeat.com Staff

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