Ares Management (ARES) Stock Forecast, Price Target & Predictions
ARES Stock Forecast
Ares Management stock forecast is as follows: an average price target of $136.11 (represents a -10.92% downside from ARES’s last price of $152.80) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
ARES Price Target
The average price target for Ares Management (ARES) is $136.11 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $160.00 to $87.00. This represents a potential -10.92% downside from ARES's last price of $152.80.
ARES Analyst Ratings
According to 8 Wall Street analysts, Ares Management's rating consensus is 'Buy'. The analyst rating breakdown for ARES stock is 0 'Strong Buy' (0.00%), 4 'Buy' (50.00%), 4 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Ares Management Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 11, 2024 | Michael Brown | Wells Fargo | $156.00 | $141.46 | 10.28% | 2.09% |
| Aug 27, 2024 | Nicholas Watts | Redburn Partners | $140.00 | $146.96 | -4.74% | -8.38% |
| Aug 05, 2024 | Benjamin Budish | Barclays | $155.00 | $139.26 | 11.30% | 1.44% |
| Aug 02, 2024 | Kenneth Leon | CFRA | $155.00 | $139.26 | 11.30% | 1.44% |
| Jul 10, 2024 | Benjamin Budish | Barclays | $151.00 | $134.78 | 12.03% | -1.18% |
| Jun 13, 2024 | Brian Bedell | Deutsche Bank | $132.00 | $137.49 | -3.99% | -13.61% |
| May 28, 2024 | Brian Bedell | Deutsche Bank | $176.00 | $146.70 | 19.97% | 15.18% |
| May 22, 2024 | Brent Dilts | UBS | $160.00 | $146.31 | 9.36% | 4.71% |
| May 07, 2024 | Kenneth Lee | RBC Capital | $150.00 | $136.17 | 10.16% | -1.83% |
| May 03, 2024 | Benjamin Budish | Barclays | $150.00 | $134.64 | 11.41% | -1.83% |
The latest Ares Management stock forecast, released on Sep 11, 2024 by Michael Brown from Wells Fargo, set a price target of $156.00, which represents a 10.28% increase from the stock price at the time of the forecast ($141.46), and a 2.09% increase from ARES last price ($152.80).
Ares Management Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 5 | 10 |
| Avg Price Target | $148.00 | $151.40 | $152.50 |
| Last Closing Price | $152.80 | $152.80 | $152.80 |
| Upside/Downside | -3.14% | -0.92% | -0.20% |
In the current month, the average price target of Ares Management stock is $148.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a -3.14% decrease as opposed to Ares Management's last price of $152.80. This month's average price target is down -2.25% compared to last quarter, and down -2.95% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 11, 2024 | Wells Fargo | Overweight | Equal-Weight | Initialise |
| Aug 15, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Aug 15, 2024 | UBS | Buy | Buy | Hold |
| Aug 05, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Aug 05, 2024 | Barclays | Overweight | Overweight | Hold |
| Jul 10, 2024 | Barclays | Overweight | Overweight | Hold |
| Jun 13, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Jun 13, 2024 | Deutsche Bank | Buy | Hold | Downgrade |
| Jun 12, 2024 | Bank of America Securities | Buy | Buy | Hold |
| May 28, 2024 | Deutsche Bank | - | Buy | Initialise |
Ares Management's last stock rating was published by Wells Fargo on Sep 11, 2024. The company Initialise its ARES rating from "Overweight" to "Equal-Weight".
Ares Management Financial Forecast
Ares Management Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.09B | $813.36M | $937.72M | $801.29M | - | $715.00M | $1.31B | $948.72M | $1.29B | $658.39M | $658.01M | $489.87M | $602.76M | $13.41M | $436.93M | $466.49M |
| Avg Forecast | $1.97B | $1.18B | $1.28B | $1.10B | $1.58B | $988.53M | $1.07B | $886.11M | $1.13B | $784.21M | $778.37M | $749.47M | $918.10M | $736.58M | $725.51M | $692.04M | $889.71M | $619.77M | $587.69M | $600.13M | $663.47M | $510.61M | $458.18M | $464.85M | $397.70M | $381.63M | $338.07M | $351.28M | $412.84M | $309.38M |
| High Forecast | $2.06B | $1.24B | $1.34B | $1.16B | $1.66B | $1.03B | $1.12B | $927.27M | $1.18B | $839.52M | $814.53M | $784.29M | $940.33M | $759.88M | $759.22M | $724.18M | $931.04M | $648.56M | $587.69M | $623.84M | $689.68M | $530.79M | $476.29M | $483.22M | $413.41M | $396.71M | $351.42M | $365.16M | $429.15M | $321.60M |
| Low Forecast | $1.93B | $1.16B | $1.25B | $1.08B | $1.55B | $967.12M | $1.05B | $866.92M | $1.10B | $755.43M | $761.51M | $733.24M | $898.79M | $712.96M | $709.80M | $677.05M | $870.44M | $606.34M | $587.69M | $563.03M | $622.46M | $479.05M | $429.86M | $436.12M | $373.11M | $358.04M | $317.17M | $329.56M | $387.32M | $290.26M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.51% | 1.18% | 1.05% | 1.29% | - | 1.19% | 1.97% | 1.86% | 2.83% | 1.42% | 1.65% | 1.28% | 1.78% | 0.04% | 1.06% | 1.51% |
Ares Management's average Quarter revenue forecast for Sep 23 based on 4 analysts is $736.58M, with a low forecast of $712.96M, and a high forecast of $759.88M. ARES's average Quarter revenue forecast represents a -32.63% decrease compared to the company's last Quarter revenue of $1.09B (Jun 23).
Ares Management EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $174.00M | - | $264.57M | $410.58M | $449.00M | $66.29M | - | $226.89M | $245.09M | $188.10M | $255.98M | $196.76M | $223.54M | $139.00M | $163.17M | $33.90M | $172.00M | $120.86M |
| Avg Forecast | $833.72M | $501.32M | $542.57M | $467.67M | $670.62M | $418.61M | $453.21M | $375.24M | $476.95M | $332.08M | $329.61M | $345.73M | $388.79M | $311.91M | $307.23M | $273.30M | $376.76M | $206.91M | $248.87M | $254.14M | $204.80M | $188.10M | $184.31M | $216.05M | $184.67M | $122.83M | $158.88M | $31.47M | $118.04M | $130.66M |
| High Forecast | $872.44M | $524.60M | $567.77M | $489.39M | $701.77M | $438.05M | $474.26M | $392.67M | $499.11M | $355.51M | $344.92M | $414.87M | $398.20M | $321.78M | $321.50M | $327.96M | $394.26M | $248.29M | $248.87M | $264.18M | $245.76M | $225.72M | $221.17M | $259.26M | $221.60M | $147.40M | $190.65M | $37.77M | $141.65M | $156.79M |
| Low Forecast | $815.66M | $490.46M | $530.82M | $457.54M | $656.10M | $409.54M | $443.39M | $367.11M | $466.62M | $319.90M | $322.47M | $276.58M | $380.61M | $301.91M | $300.58M | $218.64M | $368.60M | $165.53M | $248.87M | $238.43M | $163.84M | $150.48M | $147.45M | $172.84M | $147.73M | $98.27M | $127.10M | $25.18M | $94.43M | $104.52M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.45% | - | 0.86% | 1.50% | 1.19% | 0.32% | - | 0.89% | 1.20% | 1.00% | 1.39% | 0.91% | 1.21% | 1.13% | 1.03% | 1.08% | 1.46% | 0.93% |
2 analysts predict ARES's average Quarter EBITDA for Mar 24 to be $345.73M, with a high of $414.87M and a low of $276.58M. This is 98.69% upper than Ares Management's previous annual EBITDA (Dec 23) of $174.00M.
Ares Management Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $174.00M | - | $332.25M | $207.32M | $293.19M | $-48.78M | - | $140.90M | $265.96M | $84.73M | $141.64M | $164.31M | $79.26M | $47.55M | $56.37M | $-31.04M | $38.47M | $33.33M |
| Avg Forecast | $493.71M | $319.53M | $336.64M | $283.26M | $403.72M | $253.97M | $267.20M | $218.74M | $275.54M | $186.85M | $192.55M | $288.71M | $214.87M | $170.01M | $167.06M | $228.23M | $209.40M | $93.20M | $133.33M | $126.75M | $103.69M | $84.73M | $101.98M | $180.42M | $65.48M | $42.02M | $54.89M | $-28.82M | $26.40M | $36.03M |
| High Forecast | $523.52M | $338.83M | $356.97M | $300.37M | $428.10M | $269.30M | $283.34M | $231.95M | $292.18M | $194.64M | $204.18M | $346.45M | $218.77M | $183.68M | $177.15M | $273.88M | $222.04M | $111.84M | $133.33M | $133.26M | $124.43M | $101.67M | $122.38M | $216.50M | $78.57M | $50.42M | $65.87M | $-23.06M | $31.68M | $43.24M |
| Low Forecast | $479.81M | $310.54M | $327.16M | $275.29M | $392.35M | $246.81M | $259.68M | $212.58M | $267.78M | $181.02M | $187.13M | $230.97M | $209.01M | $164.14M | $162.36M | $182.58M | $203.50M | $74.56M | $133.33M | $116.56M | $82.95M | $67.78M | $81.59M | $144.34M | $52.38M | $33.61M | $43.91M | $-34.58M | $21.12M | $28.83M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | - | 1.99% | 0.91% | 1.40% | -0.52% | - | 1.11% | 2.56% | 1.00% | 1.39% | 0.91% | 1.21% | 1.13% | 1.03% | 1.08% | 1.46% | 0.93% |
Ares Management's average Quarter net income forecast for Mar 24 is $288.71M, with a range of $230.97M to $346.45M. ARES's average Quarter net income forecast represents a 65.93% increase compared to the company's last Quarter net income of $174.00M (Dec 23).
Ares Management SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $141.15M | $148.34M | $132.81M | $319.35M | - | $120.52M | $158.71M | $134.45M | $83.36M | $67.66M | $68.65M | $69.94M | $58.08M | $62.33M | $74.23M | $79.39M |
| Avg Forecast | $349.29M | $210.03M | $227.32M | $195.93M | $280.96M | $175.38M | $189.88M | $157.21M | $199.82M | $139.13M | $138.09M | $118.88M | $162.89M | $130.68M | $128.72M | $93.98M | $157.85M | $147.90M | $104.27M | $106.47M | $132.62M | $134.45M | $60.02M | $74.29M | $56.71M | $61.81M | $56.56M | $57.88M | $50.94M | $85.82M |
| High Forecast | $365.52M | $219.79M | $237.87M | $205.03M | $294.02M | $183.53M | $198.70M | $164.51M | $209.11M | $148.94M | $144.51M | $142.65M | $166.83M | $134.81M | $134.70M | $112.77M | $165.18M | $177.48M | $104.27M | $110.68M | $159.14M | $161.34M | $72.02M | $89.15M | $68.05M | $74.17M | $67.87M | $69.45M | $61.13M | $102.99M |
| Low Forecast | $341.73M | $205.48M | $222.39M | $191.69M | $274.88M | $171.58M | $185.76M | $153.80M | $195.50M | $134.02M | $135.10M | $95.10M | $159.46M | $126.49M | $125.93M | $75.18M | $154.43M | $118.32M | $104.27M | $99.89M | $106.09M | $107.56M | $48.02M | $59.43M | $45.37M | $49.44M | $45.24M | $46.30M | $40.75M | $68.66M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.10% | 1.58% | 0.84% | 2.16% | - | 1.13% | 1.20% | 1.00% | 1.39% | 0.91% | 1.21% | 1.13% | 1.03% | 1.08% | 1.46% | 0.93% |
Ares Management's average Quarter SG&A projection for Sep 23 is $130.68M, based on 4 Wall Street analysts, with a range of $126.49M to $134.81M. The forecast indicates a -7.42% fall compared to ARES last annual SG&A of $141.15M (Jun 23).
Ares Management EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.86 | - | - | $1.16 | $1.67 | $-0.28 | - | $0.81 | $1.57 | $0.49 | $0.70 | $0.33 | $0.53 | $0.27 | $0.36 | $-0.33 | $0.32 | $0.24 |
| Avg Forecast | $2.52 | $1.63 | $1.72 | $1.44 | $2.06 | $1.29 | $1.36 | $1.11 | $1.40 | $0.95 | $0.98 | $0.92 | $1.10 | $0.87 | $0.85 | $0.81 | $1.07 | $0.74 | $0.69 | $0.67 | $0.72 | $0.64 | $0.51 | $0.51 | $0.46 | $0.43 | $0.38 | $0.41 | $0.51 | $0.37 |
| High Forecast | $2.67 | $1.73 | $1.82 | $1.53 | $2.18 | $1.37 | $1.44 | $1.18 | $1.49 | $0.99 | $1.04 | $0.98 | $1.12 | $0.94 | $0.90 | $0.86 | $1.13 | $0.78 | $0.69 | $0.70 | $0.76 | $0.67 | $0.54 | $0.54 | $0.48 | $0.45 | $0.40 | $0.44 | $0.53 | $0.39 |
| Low Forecast | $2.45 | $1.58 | $1.67 | $1.40 | $2.00 | $1.26 | $1.32 | $1.08 | $1.36 | $0.92 | $0.95 | $0.89 | $1.07 | $0.84 | $0.83 | $0.79 | $1.04 | $0.72 | $0.69 | $0.61 | $0.66 | $0.59 | $0.47 | $0.47 | $0.42 | $0.40 | $0.35 | $0.38 | $0.46 | $0.34 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.79% | - | 0.00% | 1.43% | 1.56% | -0.38% | - | 1.21% | 2.18% | 0.77% | 1.37% | 0.64% | 1.16% | 0.63% | 0.95% | -0.80% | 0.63% | 0.65% |
According to 2 Wall Street analysts, Ares Management's projected average Quarter EPS for Mar 24 is $0.92, with a low estimate of $0.89 and a high estimate of $0.98. This represents a 6.93% increase compared to ARES previous annual EPS of $0.86 (Dec 23).
Ares Management Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SEIC | SEI Investments Company | $67.82 | $86.67 | 27.79% | Buy |
| OWL | Blue Owl Capital | $18.20 | $21.83 | 19.95% | Buy |
| CG | Carlyle Group | $41.99 | $48.50 | 15.50% | Hold |
| FSK | FS KKR Capital | $20.07 | $21.00 | 4.63% | Hold |
| MAIN | Main Street Capital | $49.84 | $52.00 | 4.33% | Buy |
| PFLT | PennantPark Floating Rate Capital | $11.53 | $12.00 | 4.08% | Hold |
| HTGC | Hercules Capital | $19.49 | $19.75 | 1.33% | Buy |
| CION | CION Investment | $12.17 | $11.50 | -5.51% | Hold |
| APO | Apollo Global Management | $117.79 | $106.92 | -9.23% | Buy |
| TPG | TPG | $57.46 | $51.29 | -10.74% | Buy |
| ARES | Ares Management | $152.80 | $136.11 | -10.92% | Buy |
| BX | Blackstone | $155.05 | $130.50 | -15.83% | Buy |
| PSEC | Prospect Capital | $5.41 | $4.50 | -16.82% | Sell |
| KKR | KKR | $127.97 | $98.18 | -23.28% | Buy |
ARES Forecast FAQ
Is Ares Management a good buy?
Yes, according to 8 Wall Street analysts, Ares Management (ARES) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 50.00% of ARES's total ratings.
What is ARES's price target?
Ares Management (ARES) average price target is $136.11 with a range of $87 to $160, implying a -10.92% from its last price of $152.8. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Ares Management stock go up soon?
According to Wall Street analysts' prediction for ARES stock, the company can go down by -10.92% (from the last price of $152.8 to the average price target of $136.11), up by 4.71% based on the highest stock price target, and down by -43.06% based on the lowest stock price target.
Can Ares Management stock reach $200?
ARES's average twelve months analyst stock price target of $136.11 does not support the claim that Ares Management can reach $200 in the near future.
What is Ares Management's current price target trend?
2 Wall Street analysts forecast a $148 price target for Ares Management (ARES) this month, down -3.14% from its last price of $152.8. Compared to the last 3 and 12 months, the average price target decreased by -0.92% and decreased by -0.20%, respectively.
What are Ares Management's analysts' financial forecasts?
Ares Management's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $4.53B (high $4.74B, low $4.43B), average EBITDA is $1.92B (high $2.01B, low $1.88B), average net income is $1.14B (high $1.21B, low $1.11B), average SG&A $803.43M (high $840.75M, low $786.03M), and average EPS is $5.83 (high $6.18, low $5.67). ARES's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $5.54B (high $5.8B, low $5.42B), average EBITDA is $2.35B (high $2.45B, low $2.29B), average net income is $1.43B (high $1.52B, low $1.39B), average SG&A $982.57M (high $1.03B, low $961.29M), and average EPS is $7.31 (high $7.75, low $7.1).
Did the ARES's actual financial results beat the analysts' financial forecasts?
Based on Ares Management's last annual report (Dec 2023), the company's revenue was $3.63B, beating the average analysts forecast of $3.07B by 18.22%. Apple's EBITDA was $474.3M, missing the average prediction of $1.28B by -62.98%. The company's net income was $474.3M, missing the average estimation of $780.17M by -39.21%. Apple's SG&A was $660.15M, beating the average forecast of $516.26M by 27.87%. Lastly, the company's EPS was $0.0024, missing the average prediction of $3.62 by -99.93%. In terms of the last quarterly report (Jun 2023), Ares Management's revenue was $1.09B, beating the average analysts' forecast of $725.51M by 50.69%. The company's EBITDA was $264.57M, missing the average prediction of $307.23M by -13.88%. Ares Management's net income was $332.26M, beating the average estimation of $167.06M by 98.88%. The company's SG&A was $141.15M, beating the average forecast of $128.72M by 9.66%. Lastly, the company's EPS was $0.0018, missing the average prediction of $0.852 by -99.79%