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Ares Management (ARES) Earnings Date, Estimates & Call Transcripts

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$176.04 +4.96 (+2.90%)
(As of 12/20/2024 05:40 PM ET)

Ares Management Latest Earnings Summary

Actual EPS
(Nov. 1)
$0.95 Beat By $0.01
Consensus EPS
(Nov. 1)
$0.94

Ares Management issued Q3 2024 earnings on November 1, 2024, reporting an EPS of $0.95, which beat the consensus estimate of $0.94 by $0.01. Quarterly revenue was reported to be $1.13 billion, above analysts' expectations of $833.58 million. With a trailing EPS of $2.17 and a P/E Ratio of 81.12, Ares Management's earnings are expected to grow 37.44% next year, from $4.06 to $5.58 per share.

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ARES Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

ARES Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Ares Management Analyst EPS Estimates

Current Year EPS Consensus Estimate:$4.06 EPS
Next Year EPS Consensus Estimate: $5.58 EPS

Ares Management Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
11/1/2024Q3 2024$0.94$0.95+$0.01$1.35$833.58M$1.13B
8/2/2024Q2 2024$0.98$0.99+$0.01$1.55$860.09M$788.68M
5/2/2024Q1 2024$0.93$0.80 -$0.13$1.27$814.88M$707.36M
2/8/2024Q4 2023$1.10$1.21+$0.11$1.56$862.71M$1.05B
10/31/2023Q3 2023$0.87$0.83 -$0.04$1.36$736.58M$671.30M
8/1/2023Q2 2023$0.85$0.90+$0.05$1.06$725.82M$1.09B
4/28/2023Q1 2023$0.82$0.71 -$0.11$0.93$694.04M$813.36M
2/9/2023Q4 2022$1.07$1.21+$0.14$1.80$813.69M$937.72M

Ares Management Earnings - Frequently Asked Questions

Ares Management (NYSE:ARES) last announced its quarterly earning data on Friday, November 1, 2024. Learn more on ARES's earnings history.

In the previous quarter, Ares Management (NYSE:ARES) reported $0.95 earnings per share (EPS) to beat the analysts' consensus estimate of $0.94 by $0.01. Learn more on analysts' earnings estimate vs. ARES's actual earnings.

The conference call for Ares Management's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Ares Management's latest earnings report can be read online.
Read Transcript

Ares Management (NYSE:ARES) has a recorded annual revenue of $5.08 billion.

Ares Management (NYSE:ARES) has a recorded net income of $474.33 million. ARES has generated $2.17 earnings per share over the last four quarters.

Ares Management (NYSE:ARES) has a trailing price-to-earnings ratio of 81.12 and a forward price-to-earnings ratio of 43.36. The price/earnings-to-growth ratio is 1.99.

Ares Management's earnings are expected to grow from $4.06 per share to $5.58 per share in the next year, which is a 37.44% increase.

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This page (NYSE:ARES) was last updated on 12/21/2024 by MarketBeat.com Staff
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