Ares Management (ARES) Tops Q2 EPS by 18c

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Ares Management Corporation Reports Second Quarter 2021 Results

July 29, 2021 6:00 AM EDT

LOS ANGELES--(BUSINESS WIRE)-- Ares Management Corporation (NYSE: ARES) today reported its financial results for its second quarter ended June 30, 2021.

GAAP net income attributable to Ares Management Corporation was $141.6 million for the quarter ended June 30, 2021. On a basic basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.70 for the quarter ended June 30, 2021. On a diluted basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.69 for the quarter ended June 30, 2021.

After-tax realized... More