A Preview Of Ares Management's Earnings
Portfolio Pulse from Benzinga Insights
Ares Management (NYSE:ARES) is set to release its latest quarterly earnings report on October 31, 2023. Analysts estimate an earnings per share (EPS) of $0.87. The company's past performance shows a pattern of beating EPS estimates, but this has sometimes been followed by a drop in share price. Ares Management's shares were trading at $100.84 as of October 27, with a 52-week increase of 30.52%.
October 30, 2023 | 4:01 pm
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Ares Management is expected to report an EPS of $0.87 in its upcoming earnings. The company's stock price has sometimes dropped after beating EPS estimates.
Ares Management's stock price has shown a pattern of dropping after beating EPS estimates. However, the company's shares have seen a 30.52% increase over the last 52 weeks, indicating a generally positive trend. The upcoming earnings report could potentially impact the stock price, depending on whether the company beats the EPS estimate and the guidance provided for the next quarter.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100