Ares Management Q1 Adj. EPS $1.24 Misses $1.33 Estimate, Sales $989.527M Miss $1.150B Estimate.
Ares Management (NYSE:ARES) reported quarterly earnings of $1.24 per share which missed the analyst consensus estimate of $1.33 by 6.77 percent. This is a 13.76 percent increase over earnings of $1.09 per share from the same period last year. The company reported quarterly sales of $989.527 million which missed the analyst consensus estimate of $1.150 billion by 13.94 percent. This is a 21.12 percent increase over sales of $816.987 million the same period last year.
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