Ares Management (ARES) Reports Q1 Loss of $0.58/Share, Distributable Earnings $0.14/Share
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/11/2026
- Wall St set to gain on tech rebound, Middle East in focus
- Oracle results beat estimates, but shares fall on plans for $40 billion raise
- Oil rises as Trump repeats Iran attack threat
- Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- Needham Starts Hyliion Holdings (HYLN) at Buy
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Alibaba falls on China AI capex report; Citi says selloff is premature
- Crude Inventory Fell 7.2 Million Barrels Last Week, Says EIA
Ares Management, L.P. Reports First Quarter 2017 Results
May 8, 2017 6:00 AM EDTLOS ANGELES--(BUSINESS WIRE)-- Ares Management, L.P. (NYSE: ARES) today reported its financial results for its first quarter ended March 31, 2017.
"Ares had a good start to 2017 with 19% year over year growth in fee paying assets under management and 20% year over year growth in our fee related earnings supported by contributions from all three of our investment groups," said Tony Ressler, Chief Executive Officer of Ares. We continue to take advantage of the attractive fundraising environment, raising over $3 billion in gross capital during the first quarter and more than $14 billion over the past... More
