Ares Management Q4 earnings miss

Ares Management Corporation (NYSE:ARES) Q4 2024 Earnings Call Transcript
Q4 2024 Earnings Call Transcript February 5, 2025 Ares Management Corporation misses on earnings expectations. Reported EPS is $1.23 EPS, expectations were $1.35. Operator: Good morning, everyone. Welcome to Ares Management Corporation’s Fourth Quarter and Year End 2024 earnings conference call.
Ares Management Q4 earnings miss as NII edges down
Ares Management (ARES) shares slid 3.5% in Wednesday morning trading turning in Q4 earnings that fell short of the average analyst estimate as net investment income edged down during the quarter.
Ares Management Posts Higher 4Q Earnings
Ares Management reported a rise in net income in the fourth quarter on higher fee-related earnings. The Los Angeles-based asset manager posted a net income of $177.3 million, or 72 cents a share, from $173.95 million, or 86 cents a share, in the same quarter a year ago.
Ares Management Q4 Profit Down, But Revenue Rises
Revenue for the quarter increased to $1.259 billion from $1.054 billion in the previous year. The consensus estimate was for $1.23 billion. Assets under management (AUM) as of December 31, 2024 was $484.
Ares Management: Q4 Earnings Snapshot
The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.29 per share. The private equity firm posted revenue of $1.26 billion in the period. Its adjusted revenue was $1.
Ares Management (ARES) Lags Q4 Earnings Estimates
Ares Management (ARES) came out with quarterly earnings of $1.23 per share, missing the Zacks Consensus Estimate of $1.29 per share. This compares to earnings of $1.21 per share a year ago. These figures are adjusted for non-recurring items.
Ares Management CEO: 2025 will be a meaningful deployment year for us
Michael Arougheti, Ares Management CEO, joins 'Money Movers' to discuss the recent leadership changes at Ares, the strategic ...
Ares Management Corporation to Present at the Bank of America Securities 2025 Financial Services Conference
NEW YORK, NY / ACCESS Newswire / February 6, 2025 / Ares Management Corporation announced today that its Co-Founder and Chief ...
Ares Capital's Yields Are Shrinking (Rating Downgrade)
Ares Capital is growing its investment book by outperforming peers in deal activity. Read why I downgrade ARCC stock from buy ...
Ares Management price target lowered to $217 from $224 at Barclays
Barclays lowered the firm’s price target on Ares Management (ARES) to $217 from $224 and keeps an Overweight rating on the shares. The ...
Ares Management Serves as Administrative and Collateral Agent for Over $1 Billion in New Financing to Support the Recapitalization of GHX
Ares Management Corporation (NYSE: ARES) ("Ares") announced today that an Ares Credit fund served as the administrative and collateral agent on a financing package to support the recapitalization of ...
Ares Management Expands Leadership After Notching a Record Year
The credit specialist elevated two firm veterans to newly created co-president roles to support future growth.
Ares Management price target raised to $215 from $207 at Wells Fargo
Wells Fargo raised the firm’s price target on Ares Management (ARES) to $215 from $207 and keeps an Overweight rating on the shares. The firm ...
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Ares Management appoints co-presidents
Kipp deVeer and Blair Jacobson have been named co-presidents of credit manager Ares Management, effective immediately, a ...
Ares Management Appoints Kipp deVeer, Blair Jacobson as Co-Presidents
Ares Management appointed Kipp deVeer and Blair Jacobson to the newly-created positions of co-presidents, effective immediately. DeVeer and Jacobson will report to Michael Arougheti, who will remain ...
Ares Management outlines 2025 growth with $133B dry powder and elevated fundraising momentum
Q4 2024 Management View Ares Management announced new executive appointments, naming Kipp deVeer and Blair Jacobson as co-Presidents. CEO Michael Arougheti emphasized their roles in advancing ...