Here's What Key Metrics Tell Us About Ares Management (ARES) Q2 Earnings
ARESAres(ARES) ZACKS·2024-08-02 22:35

For the quarter ended June 2024, Ares Management (ARES) reported revenue of 786.5million,down0.7786.5 million, down 0.7% over the same period last year. EPS came in at 0.99, compared to 0.90intheyear−agoquarter.ThereportedrevenuecomparestotheZacksConsensusEstimateof0.90 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of 860.09 million, representing a surprise of -8.56%. The company delivered an EPS surprise of +1.02%, with the consensus EPS estimate being $0.98.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...