Ares Management (ARES) Reports Q1 Earnings: What Key Metrics Have to Say
ARESAres(ARES) Zacks Investment Research·2024-05-02 22:36

Ares Management (ARES) reported 736.42millioninrevenueforthequarterendedMarch2024,representingayearoveryearincreaseof12.5736.42 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 12.5%. EPS of 0.80 for the same period compares to 0.71ayearago.ThereportedrevenuecomparestotheZacksConsensusEstimateof0.71 a year ago. The reported revenue compares to the Zacks Consensus Estimate of 814.88 million, representing a surprise of -9.63%. The company delivered an EPS surprise of -13.98%, with the consensus EPS estimate being $0.93. While investors scrutinize revenue and earnings changes year-over-year and how they compare wit ...