Ares Management (ARES) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
ARESAres(ARES) Zacks Investment Research·2024-02-09 01:30

For the quarter ended December 2023, Ares Management (ARES) reported revenue of 951.78million,up6.7951.78 million, up 6.7% over the same period last year. EPS came in at 1.21, compared to 1.21intheyear−agoquarter.ThereportedrevenuecomparestotheZacksConsensusEstimateof1.21 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of 862.71 million, representing a surprise of +10.32%. The company delivered an EPS surprise of +10.00%, with the consensus EPS estimate being $1.10. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...