NYSE - Delayed Quote • USD
Ares Management Corporation (ARES)
At close: May 17 at 4:00 PM EDT
After hours: May 17 at 6:59 PM EDT
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Jun 2024) | Next Qtr. (Sep 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 13 | 13 | 13 | 13 |
| Avg. Estimate | 1 | 1.02 | 4.33 | 6.06 |
| Low Estimate | 0.96 | 0.96 | 4.15 | 5.7 |
| High Estimate | 1.08 | 1.1 | 4.61 | 6.55 |
| Year Ago EPS | 0.9 | 0.83 | 3.65 | 4.33 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Jun 2024) | Next Qtr. (Sep 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 4 | 4 | 4 | 7 |
| Avg. Estimate | 806.5M | 842.36M | 3.72B | 4.73B |
| Low Estimate | 755.6M | 789.3M | 3.53B | 4B |
| High Estimate | 858.8M | 912.4M | 3.92B | 5.27B |
| Year Ago Sales | 722.43M | 671.25M | 3.63B | 3.72B |
| Sales Growth (year/est) | 11.60% | 25.50% | 2.50% | 27.00% |
Earnings History
| CURRENCY IN USD | 6/30/2023 | 9/30/2023 | 12/31/2023 | 3/31/2024 |
|---|---|---|---|---|
| EPS Est. | 0.85 | 0.87 | 1.09 | 0.92 |
| EPS Actual | 0.9 | 0.83 | 1.21 | 0.8 |
| Difference | 0.05 | -0.04 | 0.12 | -0.12 |
| Surprise % | 5.90% | -4.60% | 11.00% | -13.00% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Jun 2024) | Next Qtr. (Sep 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | 1 | 1.02 | 4.33 | 6.06 |
| 7 Days Ago | 1 | 1.02 | 4.33 | 6.06 |
| 30 Days Ago | 1.07 | 1.09 | 4.6 | 6.13 |
| 60 Days Ago | 1.05 | 1.11 | 4.58 | 6.06 |
| 90 Days Ago | 1.05 | 1.11 | 4.58 | 6.06 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Jun 2024) | Next Qtr. (Sep 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | -- | -- | -- | -- |
| Up Last 30 Days | -- | -- | -- | 5 |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | -- | -- | -- | -- |
Growth Estimates
| CURRENCY IN USD | ARES | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | 11.10% | -- | -- | 8.00% |
| Next Qtr. | 22.90% | -- | -- | 12.40% |
| Current Year | 18.60% | -- | -- | 5.60% |
| Next Year | 40.00% | -- | -- | 13.00% |
| Next 5 Years (per annum) | 25.65% | -- | -- | 11.14% |
| Past 5 Years (per annum) | 24.09% | -- | -- | -- |
Research Analysis
Upgrades & Downgrades
| Maintains | Jefferies: Hold to Hold | 5/9/2024 |
| Initiated | TD Cowen: Buy | 5/7/2024 |
| Maintains | Barclays: Overweight to Overweight | 5/3/2024 |
| Maintains | UBS: Buy to Buy | 4/12/2024 |
| Reiterates | JMP Securities: Market Perform | 4/9/2024 |
| Maintains | Barclays: Overweight to Overweight | 4/8/2024 |
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