Ares Management (ARES) Reports In-Line Q4 EPS

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Ares Management Corporation Reports Fourth Quarter and Full Year 2020 Results

February 11, 2021 6:00 AM EST

LOS ANGELES--(BUSINESS WIRE)-- Ares Management Corporation (NYSE: ARES) today reported its financial results for its fourth quarter and full year ended December 31, 2020.

GAAP net income attributable to Ares Management Corporation was $79.3 million and $152.1 million, respectively, for the quarter and year ended December 31, 2020. On a basic basis, net income attributable to Ares Management Corporation per share of Class A common stock was $0.48 and $0.89, respectively, for the quarter and year ended December 31, 2020. On a diluted basis, net income attributable to Ares Management Corporation per share of Class A common stock was $0.46 and $0.87,... More