Ares Management First Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]
Ares Management Corporation Class A (ARES)
Last ares management corporation class a earnings: 2/13 06:00 am
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US:NYSE Investor Relations:
ares-ir.com
Company Research
Source: Yahoo! Finance
Net income: US$73.0m (down 18% from 1Q 2023). Profit margin: 10% (in line with 1Q 2023). EPS: US$0.38 (down from US$0.50 in 1Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Ares Management Revenues and Earnings Miss Expectations Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) also missed analyst estimates by 12%. Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Capital Markets industry in the US. Performance of the American Capital Markets industry. The company's share price is broadly unchanged from a week ago. Risk Analysis Be aware that Ares Management is showing 5 warning signs in our investment analysis and 2 of those are concerning... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is
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ARES
News
- Founder Sir Charles Dunstone prepares to bail out TalkTalk [Yahoo! Finance]Yahoo! Finance
- Blackstone Gives Press Ganey Rare Flexibility in $1 Billion Deal [BNN Bloomberg (Canada)]BNN Bloomberg
- Private Credit Titans Pack Middle East Flights to Chase Billions [BNN Bloomberg (Canada)]BNN Bloomberg
- Ares Management, CDPQ, and Schroders Capital announce EUR 750 million financing for expansion of Vantage Data Centers' EMEA platform [Yahoo! Finance]Yahoo! Finance
- Ares Management, CDPQ, and Schroders Capital announce EUR 750 million financing for expansion of Vantage Data Centers' EMEA platformPR Newswire
ARES
Earnings
- 5/2/24 - Miss
ARES
Sec Filings
- 5/21/24 - Form 8-K
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- ARES's page on the SEC website