Ares Management reported quarterly EPS of $1.24, below the Zacks Consensus Estimate of $1.32, but still above the $1.09 earned a year ago. The 8-cent miss versus expectations is a modest negative for sentiment, though year-over-year earnings growth of about 14% offsets some of the disappointment. The release is likely to affect ARES shares individually rather than broader markets.
Ares Management reported quarterly EPS of $1.24, below the Zacks Consensus Estimate of $1.32, but still above the $1.09 earned a year ago. The 8-cent miss versus expectations is a modest negative for sentiment, though year-over-year earnings growth of about 14% offsets some of the disappointment. The release is likely to affect ARES shares individually rather than broader markets.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.18
Ticker Sentiment
