Ares Management Q2 Adj. EPS $1.29, Inline, Sales $1.018B Miss $1.200B Estimate
Ares Management (NYSE:ARES) reported quarterly earnings of $1.29 per share which met the analyst consensus estimate. This is a 25.24 percent increase over earnings of $1.03 per share from the same period last year. The
Ares Management's profits per share grew nicely, but the money they brought in was smaller than people expected. When a company makes good profits but doesn't earn enough money overall, it might mean fewer customers or slower growth ahead.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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