NYSE - Delayed Quote • USD
Ares Management Corporation (ARES)
At close: April 22 at 4:00 PM EDT
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 12 | 12 | 12 | 12 |
| Avg. Estimate | 0.92 | 1.07 | 4.59 | 6.14 |
| Low Estimate | 0.85 | 1 | 4.39 | 5.8 |
| High Estimate | 0.97 | 1.21 | 4.8 | 6.5 |
| Year Ago EPS | 0.71 | 0.9 | 3.65 | 4.59 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 3 | 3 | 6 | 6 |
| Avg. Estimate | 772.97M | 863.79M | 3.84B | 4.94B |
| Low Estimate | 744.6M | 776.9M | 3.34B | 4.08B |
| High Estimate | 809.81M | 922.97M | 4.2B | 5.51B |
| Year Ago Sales | 698.04M | 722.43M | 3.63B | 3.84B |
| Sales Growth (year/est) | 10.70% | 19.60% | 5.70% | 28.60% |
Earnings History
| CURRENCY IN USD | 3/31/2023 | 6/30/2023 | 9/30/2023 | 12/31/2023 |
|---|---|---|---|---|
| EPS Est. | 0.81 | 0.85 | 0.87 | 1.09 |
| EPS Actual | 0.71 | 0.9 | 0.83 | 1.21 |
| Difference | -0.1 | 0.05 | -0.04 | 0.12 |
| Surprise % | -12.30% | 5.90% | -4.60% | 11.00% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | 0.92 | 1.07 | 4.59 | 6.14 |
| 7 Days Ago | 0.92 | 1.07 | 4.6 | 6.13 |
| 30 Days Ago | 0.94 | 1.05 | 4.58 | 6.06 |
| 60 Days Ago | 0.94 | 1.05 | 4.58 | 6.06 |
| 90 Days Ago | 0.96 | 1.08 | 4.71 | 6.11 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | 1 | 1 | 1 | 2 |
| Up Last 30 Days | 2 | 4 | 3 | 4 |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | 2 | -- | 2 | 1 |
Growth Estimates
| CURRENCY IN USD | ARES | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | 29.60% | -- | -- | 0.20% |
| Next Qtr. | 18.90% | -- | -- | 9.40% |
| Current Year | 25.80% | -- | -- | 4.40% |
| Next Year | 33.80% | -- | -- | 13.40% |
| Next 5 Years (per annum) | 26.50% | -- | -- | 11.07% |
| Past 5 Years (per annum) | 25.37% | -- | -- | -- |
Research Analysis
Upgrades & Downgrades
| Maintains | UBS: Buy to Buy | 4/12/2024 |
| Reiterates | JMP Securities: Market Perform | 4/9/2024 |
| Maintains | Barclays: Overweight to Overweight | 4/8/2024 |
| Maintains | Barclays: Overweight to Overweight | 2/12/2024 |
| Maintains | RBC Capital: Outperform to Outperform | 2/12/2024 |
| Maintains | JP Morgan: Overweight to Overweight | 2/9/2024 |
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