Ares Management (ARES) Tops Q4 EPS by 9c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/9/2026
- Nasdaq ends sharply higher; chip surge offsets Iran worries
- Software stocks slide as Starbucks builds AI tools to replace vendor software
- Applied Materials surges as CEO signals multi-year chip boom
- Oil prices settle 2% lower as economic worries outweigh supply risks
- Meta falls as massive AI infrastructure spending plans overshadow chip progress
- Morgan Stanley Reiterates Overweight Rating on Rocket Lab USA (RKLB), Bull Case Raised to $293
- GameStop stockholders approve share count increase to 2.5 billion
- Key things to know ahead of SK Hynix’s blockbuster US listing
- Crude Inventory Rose 3 Million Barrels Last Week - EIA
- AI bubble fears mount as Zuckerberg admits agent delays and Burry shorts sector
Ares Management, L.P. Reports Fourth Quarter and Full Year 2017 Results
February 15, 2018 6:00 AM ESTLOS ANGELES--(BUSINESS WIRE)-- Ares Management, L.P. (NYSE: ARES) today reported its financial results for its fourth quarter and year ended December 31, 2017.
The fourth quarter of 2017 concluded a record year for Ares as we generated year over year management fee and fee related earnings growth of 13% and 26%, respectively. We saw double digit growth in our assets under management and margin improvement from scale efficiencies in our business, said Michael Arougheti, Chief Executive Officer of Ares. Our after-tax economic net income growth of 37% reflected strong fund investment performance across our primary investment strategies.... More
