Ares Management Corporation (ARES)
Ares Management leads private equity drive in Italy
Global private credit firms, including industry leader Ares Management, are increasingly focused on Italy as more small businesses which are the backbone of its economy open up to outside investors, providing buyout deal opportunities.
Ares Management Corporation (ARES) Q2 2024 Earnings Call Transcript
Ares Management Corporation (NYSE:ARES ) Q2 2024 Earnings Conference Call August 2, 2024 11:00 AM ET Company Participants Greg Mason - Co-Head-Public Markets IR Michael Arougheti - CEO Jarrod Phillips - CFO Conference Call Participants Craig Siegenthaler - Bank of America Steven Chubak - Wolfe Research Alex Blostein - Goldman Sachs Brennan Hawken - UBS Bill Katz - TD Cowen Ben Budish - Barclays Ken Worthington - JPMorgan Patrick Davitt - Autonomous Research Michael Cyprys - Morgan Stanley Brian Bedell - Deutsche Bank Operator Good morning, everyone, and welcome to the Ares Management Corporation's Second Quarter Earnings Conference Call. All this time all participants are in a listen-only mode.
Here's What Key Metrics Tell Us About Ares Management (ARES) Q2 Earnings
Although the revenue and EPS for Ares Management (ARES) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Ares Management (ARES) Q2 Earnings Top Estimates
Ares Management (ARES) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $0.90 per share a year ago.
Ares Management Announces Second Quarter 2024 U.S. Direct Lending Origination Activity
$12.8 Billion in New Commitments Closed in the Second Quarter, Reaching a Record of $38.3 Billion Closed in the 12 Months Ended June 30, 2024 NEW YORK, NY / ACCESSWIRE / August 2, 2024 / Ares Management Corporation (NYSE:ARES) announced today that funds managed by its Credit Group (collectively "Ares") closed approximately $12.8 billion in U.S. direct lending commitments across 93 transactions during the second quarter of 2024 and approximately $38.3 billion in direct lending commitments across 295 transactions in the 12 months ended June 30, 2024. The $38.3 billion of commitments over the 12-month period represents a new record for the U.S. Direct Lending business.
Curious about Ares Management (ARES) Q2 Performance? Explore Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Ares Management (ARES) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Ares Management (ARES) Earnings Expected to Grow: Should You Buy?
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.
Ares Management's Profits, Dividends Attract Big Money
Diversified asset manager Ares Management Corporation (ARES) is growing and has delivered strong dividends for shareholders.
Ares Management Corporation Schedules Earnings Release and Conference Call for the Second Quarter Ending June 30, 2024
NEW YORK, NY / ACCESSWIRE / July 1, 2024 / Ares Management Corporation announced today that it will report earnings for the second quarter ending June 30, 2024 on Friday, August 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.
Ares Management (ARES) in Talks on Merger With GLP Capital
Ares Management (ARES) is exploring a potential merger deal with GLP Capital, a real estate investment firm.
Ares Management Corporation to Present at the TD Financial Services & Fintech Summit
NEW YORK, NY / ACCESSWIRE / May 31, 2024 / Ares Management Corporation (NYSE:ARES) announced today that its Chief Financial Officer, Jarrod Phillips, is scheduled to present at the TD Financial Services & Fintech Summit on Thursday, June 6, 2024 at 3:40pm ET. A live audio webcast of the presentation will be available in the Investor Resources section of the Company's website at ir.aresmgmt.com.
Ares Management (ARES) Aims $750 Billion in AUM by 2028
Ares Management (ARES) aims to increase its AUM to more than $750 billion by 2028, driven by scaling existing funds, and launching and growing new strategies.
