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Ares Management Q2 2024 Earnings Report

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$198.19 +0.11 (+0.06%)
As of 01/31/2025 03:59 PM Eastern
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Ares Management EPS Results

Actual EPS
$0.99
Consensus EPS
$0.98
Beat/Miss
Beat by +$0.01
One Year Ago EPS
$0.90

Ares Management Revenue Results

Actual Revenue
$788.68 million
Expected Revenue
$860.09 million
Beat/Miss
Missed by -$71.41 million
YoY Revenue Growth
N/A

Ares Management Announcement Details

Quarter
Q2 2024
Time
Before Market Opens

ARES Upcoming Earnings

Ares Management will be holding an earnings conference call on Wednesday, February 5 at 10:00 AM Eastern. Interested parties can register for or listen to the call or dial in at 402-220-7220.

Conference Call Resources

Conference Call Audio

Slide Deck

Ares Management Earnings Headlines

You won’t believe where OpenAI billionaire is investing now
Billionaire Sam Altman has become one of the most powerful men in the world by running OpenAI… But there’s a far lesser known investment he’s making that could put OpenAI to shame. In fact this Sam Altman-backed company could actually become a crucial partner for OpenAI… And the US Military… not to mention hundreds of other giant companies around the globe. To make the story even crazier… this company only recently became viable, thanks to an obscure piece of legislation that President Trump signed before he left office… Which ordered the government to take this incredible new technology seriously.
Ares Capital (ARCC) Gets a Buy from Wells Fargo
Ares Management: It Really Is The Golden Age Of Private Credit
See More Ares Management Headlines
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About Ares Management

Ares Management (NYSE:ARES) operates as an alternative asset manager in the United States, Europe, and Asia. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. The firm was previously known as Ares Management, L.P. Ares Management Corporation was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.

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