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ARES

Ares Management Corp

$142.55

Earnings Summary

Revenue
$752.3Mn
Net Profits
$65.75Mn
Net Profit Margins
8.74%
PE Ratio
61.39

Highlights

Revenue:

Ares Management Corp’s revenue fell -7.51% since last year same period to $752.3Mn in the Q1 2024. On a quarterly growth basis, Ares Management Corp has generated -49.54% fall in its revenue since last 3-months.

Net Profits:

Ares Management Corp’s net profit fell -68.28% since last year same period to $65.75Mn in the Q1 2024. On a quarterly growth basis, Ares Management Corp has generated -62.2% fall in its net profits since last 3-months.

Net Profit Margins:

Ares Management Corp’s net profit margin fell -65.71% since last year same period to 8.74% in the Q1 2024. On a quarterly growth basis, Ares Management Corp has generated -25.09% fall in its net profit margins since last 3-months.

PE Ratio:

Ares Management Corp’s price-to-earnings ratio after this Q1 2024 earnings stands at 61.39.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Ares Management Corp post its latest quarter earnings

EPS Estimate Current Quarter
1
EPS Estimate Current Year
1

Highlights

EPS Estimate Current Quarter:

Ares Management Corp’s earning per share (EPS) estimates for the current quarter stand at 1 - a 8.7% jump from last quarter’s estimates.

EPS Estimate Current Year:

Ares Management Corp’s earning per share (EPS) estimates for the current year stand at 1.

Key Ratios

Key ratios of the Ares Management Corp post its Q1 2024 earnings

Earning Per Share (EPS)
0.8
Return on Assets (ROA)
0.03
Return on Equity (ROE)
0.24
Dividend Per Share (DPS)
0.93

Highlights

Earning Per Share (EPS):

Ares Management Corp’s earning per share (EPS) jumped 12.68% since last year same period to 0.8 in the Q1 2024. This indicates that the Ares Management Corp has generated 12.68% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Ares Management Corp’s return on assets (ROA) stands at 0.03.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Ares Management Corp’s return on equity (ROE) stands at 0.24.

Dividend Per Share (DPS):

Ares Management Corp declared 0.93 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-09
0.92
0.8
-13.04%