Ares Management earnings were $460.4M for the trailing 12 months ending Sep 30, 2024, with 1.4% growth year over year. The latest ARES earnings report on Sep 30, 2024 announced Q3 2024 earnings of $118.5M, up 24.8% from last quarter. For the last reported fiscal year 2023 ending Dec 31, 2023, ARES reported annual earnings of $474.3M, with 183.1% growth.
ARES past earnings growth
How has ARES's earnings growth performed historically?
What were Ares Management's earnings last quarter?
On ARES's earnings call on Invalid Date, Ares Management (NYSE: ARES) reported Q3 2024 earnings per share (EPS) of $0.55, up 83.33% year over year. Total ARES earnings for the quarter were $118.46 million. In the same quarter last year, Ares Management's earnings per share (EPS) was $0.30.
As of the last Ares Management earnings report, Ares Management is currently losing money. Ares Management's net profit (also called net income) for the twelve months ending Sep 30, 2024 was -$276.17 million, a 201.48% decrease year over year.
What was ARES's earnings growth in the past year?
As of Ares Management's earnings date in Invalid Date, Ares Management's earnings has grown 1.38% year over year. This is 50.24 percentage points lower than the US Asset Management industry earnings growth rate of 51.62%. ARES earnings in the past year totalled $460.38 million.
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