Ares Management Corporation reports results for the quarter ended September 30 - Earnings Summary

Ares Management

29/10/2026 13:31

Ares Management Corporation ARES.N reported quarterly adjusted earnings of $1.26​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.19.  The mean expectation of seventeen analysts for the quarter was for earnings of $1.29 per share. Wall Street expected results to range from $1.21  to $1.45 per share.
Revenue rose 26.1% to $1.43 billion from a year ago; analysts expected $1.27 billion. 
Ares Management Corporation's reported EPS for the quarter was 21 cents​.
The company reported quarterly net income of $60.02 million.
Ares Management Corporation shares had risen by 6.6% this quarter and lost 23.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 11% in the last three months.​ 
In the last 30 days, eight analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the investment management & fund operators peer group is also "buy" 
Wall Street's median 12-month price target for Ares Management Corporation is $141.00, about 12.2% above its last closing price of $123.82
This summary was machine generated from LSEG data October 29 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Sep. 30 2026 
1.29
1.26
Missed
Jun. 30 2026 
1.29
1.29
Met
Mar. 31 2026 
1.34
1.24
Missed
Dec. 31 2025 
1.69
1.45
Missed