Ares Management (ARES) Beats Q4 Earnings and Revenue Estimates
ARESAres(ARES) Zacks Investment Research·2024-02-08 21:31

Ares Management (ARES) came out with quarterly earnings of 1.21pershare,beatingtheZacksConsensusEstimateof1.21 per share, beating the Zacks Consensus Estimate of 1.10 per share. This compares to earnings of 1.21pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof101.21 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 10%. A quarter ago, it was expected that this private equity firm would post earnings of 0.86 per share when it actually produced earnings of $0.83, delivering a surprise of -3.49%. Over the last four quarters, t ...