Ares Management, L.P. Reports First Quarter 2017 Results

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Ares Management (ARES) Reports Q1 Loss of $0.58/Share, Distributable Earnings $0.14/Share

May 8, 2017 6:31 AM EDT

Ares Management (NYSE: ARES) reported Q1 EPS of ($0.58), versus ($0.04) reported last year. Revenue for the quarter came in at $241.66 million, versus $136.02 million reported last year.

Distributable earnings for the quarter were $0.14


"Ares had a good start to 2017 with 19% year over... More