Ares Management (ARES) Misses Q3 EPS by 1c

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Ares Management Corporation Reports Third Quarter 2021 Results

October 27, 2021 6:00 AM EDT

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

GAAP net income attributable to Ares Management Corporation was $84.7 million for the quarter ended September 30, 2021. On a basic basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.49 for the quarter ended September 30, 2021. On a diluted basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.45 for the quarter ended September 30, 2021.

After-tax realized income was $192.9... More