Ares Management ARES reported its Q2 earnings results on Thursday, July 28, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Ares Management beat estimated earnings by 7.25%, reporting an EPS of $0.74 versus an estimate of $0.69.
Revenue was up $152.05 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02 which was followed by a 6.73% drop in the share price the next day.
Here's a look at Ares Management's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 0.67 | 0.72 | 0.62 | 0.51 |
EPS Actual | 0.65 | 0.85 | 0.62 | 0.64 |
Revenue Estimate | 605.10M | 629.08M | 528.44M | 424.96M |
Revenue Actual | 482.92M | 481.03M | 448.26M | 372.83M |
To track all earnings releases for Ares Management visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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