Ares Management (NYSE:ARES) reported its Q4 earnings results on Friday, February 11, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
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Earnings
Ares Management beat estimated earnings by 18.06%, reporting an EPS of $0.85 versus an estimate of $0.72.
Revenue was up $146.04 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0, which was followed by a 4.12% increase in the share price the next day.
Here's a look at Ares Management's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.62 | 0.51 | 0.51 | 0.46 |
| EPS Actual | 0.62 | 0.64 | 0.46 | 0.54 |
| Revenue Estimate | 528.44M | 424.96M | 445.64M | 385.32M |
| Revenue Actual | 448.26M | 372.83M | 327.46M | 334.98M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
