Ares Management (ARES) Tops Q3 EPS by 1c

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Go back to Ares Management (ARES) Tops Q3 EPS by 1c

Ares Management Corporation Reports Third Quarter 2022 Results

October 27, 2022 6:00 AM EDT

NEW YORK--(BUSINESS WIRE)-- Ares Management Corporation (NYSE: ARES) today reported its financial results for its third quarter ended September 30, 2022.

GAAP net loss attributable to Ares Management Corporation was $35.5 million for the quarter ended September 30, 2022. On a basic and diluted basis, net loss attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.22 for the quarter ended September 30, 2022.

After-tax realized income was $233.1 million for the quarter ended September 30, 2022. After-tax realized income per share of Class A and non-voting common stock was $0.75 for the quarter ended... More