Ares Management (ARES) Tops Q4 EPS by 13c

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Ares Management Corporation Reports Fourth Quarter and Full Year 2021 Results

February 11, 2022 6:00 AM EST

NEW YORK--(BUSINESS WIRE)-- Ares Management Corporation (NYSE: ARES) today reported its financial results for its fourth quarter and full year ended December 31, 2021.

GAAP net income attributable to Ares Management Corporation was $124.1 million and $408.8 million, respectively, for the quarter and year ended December 31, 2021. On a basic basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.68 and $2.24, respectively, for the quarter and year ended December 31, 2021. On a diluted basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common... More