ARES Stock Recent News

Although the revenue and EPS for Ares Management (ARES) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Ares Management (ARES) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

NEW YORK, NY / ACCESSWIRE / April 3, 2024 / Ares Management Corporation (NYSE:ARES) announced today that it will report earnings for the first quarter ending March 31, 2024 on Thursday, May 2, 2024 prior to the opening of the New York Stock Exchange. Ares Management Corporation will hold its webcast/conference call on the same day at 11:00 a.m.

This stock formed a base after the investment company reported its recent earnings report. Analysts expect huge 2024 profit growth.

Michael Arougheti, Ares Management president and CEO, joins 'Money Movers' to discuss how borrowers are absorbing the environment's higher rates, stress in the real estate sector, and how Arougheti is considering the commercial real estate sector.

NEW YORK, NY / ACCESSWIRE / February 15, 2024 / Ares Management Corporation announced today that its Chief Executive Officer and President, Michael Arougheti, is scheduled to present at the BofA Securities Banking and Financials Conference on Thursday, February 22, 2024, at 10:30am ET. A live audio webcast of the presentation will be available at www.ares-ir.com under News, Events & Presentations.

NEW YORK, NY / ACCESSWIRE / February 14, 2024 / Ares Capital Corporation ("Ares Capital") (NASDAQ:ARCC) announced today that Kort Schnabel, Ares Capital's Co-President, is scheduled to present at the BofA Securities Financial Services Conference on Wednesday, February 21, 2024 at 12:50pm ET. A live audio webcast of the presentation will be available in the Investor Resources section of the Company's website at www.arescapitalcorp.com.

Ares Management Corporation (ARES) Q4 2023 Earnings Call Transcript

Ares Management CEO, Mike Arougheti, says isolated incidents that faced NYCB are going to be resolved with private market partnership and bank capital. In an exclusive interview with Bloomberg's Sonali Basak, Arougheti says Ares could be a natural partner for reeling regional banks.

Last year Ares Management had a great year for fundraising, and according to Bloomberg, is in the market for a record direct lending fund. When asked how private credit could continue at that pace, Ares Management CEO, Mike Arougheti, said private credit markets are "still massively undercapitalized" relative to the amount of institutional equity.