ARES Stock Recent News

Michael Arougheti, Ares Management Corporation co-founder and CEO, Damien Dwin, Lafayette Square founder and CEO, and Armen Panossian, Oaktree incoming co-CEO, join CNBC's Delivering Alpha 2023 conference to discuss why investors should get involved in private credit amid the possibility of a recession, how returns are being generated despite economic volatility, and more.

NEW YORK, NY / ACCESSWIRE / September 18, 2023 / Ares Management Corporation announced today that its Chief Executive Officer and President, Michael Arougheti, is scheduled to present at the BofA Securities 28th Annual Financials CEO Conference on Thursday, September 21, 2023 at 6:30am ET/11:30am BST. A live audio webcast of the presentation will be available in the Investor Resources section of the Company's website at www.aresmgmt.com.

Ares Management Corporation is a global investment management company specializing in alternative investments. We touch upon a host of unique qualities that makes ARES standout in the financials universe. Valuations are not cheap, but allowances could be made given the medium term earnings growth potential on offer.

Ares Management Corporation (NYSE:ARES ) Q2 2023 Earnings Call Transcript August 1, 2023 12:00 PM ET Company Participants Carl Drake - Head of Public Markets and Investor Relations Michael Arougheti - Co-Founder, CEO, President and Director Jarrod Phillips - Partner and CFO Conference Call Participants Craig Siegenthaler - Bank of America Alex Blostein - Goldman Sachs Benjamin Budish - Barclays Brian McKenna - JMP Securities Patrick David - Autonomous Research Adam Beatty - UBS Michael Cyprys - Morgan Stanley Finian O'Shea - Wells Fargo Securities Ken Worthington - JPMorgan Rufus Hone - BMO Capital Markets Operator Welcome to Ares Management Corporation's Second Quarter Earnings Conference Call. At this time, all participants are in listen-only mode.

While the top- and bottom-line numbers for Ares Management (ARES) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Ares Management Corp. ARES, +1.90% stock was up 1.5% on Tuesday after beating its second-quarter earnings target, despite losses in financial stocks. Ares reported an adjusted profit of 90 cents a share, ahead of the analyst target of 85 cents a share, according to FactSet data.

Ares Management (ARES) came out with quarterly earnings of $0.90 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.74 per share a year ago.

On July 25, 2023, COWEN AND COMPANY, LLC (Trades, Portfolio), a renowned investment firm, made a significant move in the stock market by acquiring a new stake in Ares Management Corp ( ARES , Financial). This article aims to provide an in-depth analysis of this transaction, the profiles of the involved parties, and the potential implications for investors.

Ares Management (ARES) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Ares Management (ARES) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.