Recap: Ares Management Q3 Earnings

Ares Management ARES reported its Q3 earnings results on Wednesday, October 27, 2021 at 06:00 AM.

Here's what investors need to know about the announcement.

Ares Management missed their estimated earnings by 0.0%, reporting an EPS of $0.62 versus an estimate of $0.62, which did not surprise analysts.

Revenue was up $155,828,000 from the same period last year.

Last quarter the company beat on EPS by $0.13, which was followed by a 1.56% increase in the share price the next day.

Here's a look at Ares Management's past performance:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.51	0.51	0.46	0.41
EPS Actual	0.64	0.46	0.54	0.48
Revenue Estimate	424.96M	445.64M	385.32M	342.60M
Revenue Actual	372.83M	327.46M	334.98M	292.43M

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