Ares Management, L.P. Reports Fourth Quarter and Full Year 2014 Results
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BofA/Merrill Lynch Downgrades Ares Management, L.P. (ARES) to Neutral
March 6, 2015 6:28 AM ESTBofA/Merrill Lynch downgraded Ares Management, L.P. (NYSE: ARES) from Buy to Neutral with a price target of $21.00 (from $20.00) following Q4 earnings that missed the firm's and Street estimates.
Analyst Michael Carrier said while the outlook for fundraising and FRE growth remains... More
Ares Management, L.P. (ARES) Misses Q4 EPS by 9c (Earlier)
March 5, 2015 9:30 AM ESTAres Management, L.P. (NYSE: ARES) reported Q4 EPS of $0.27, $0.09 worse than the analyst estimate of $0.36. Revenue for the quarter came in at $230 million, may not compare to consensus estimate of $154.4 million.
For earnings history and earnings-related data on Ares Management, L.P. (ARES) click here.
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