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Compared to Estimates, Ares Management (ARES) Q2 Earnings: A Look at Key Metrics

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Ares Management (ARES - Free Report) reported $1.26 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 20.4%. EPS of $1.29 for the same period compares to $1.03 a year ago.

The reported revenue represents a surprise of -4.16% over the Zacks Consensus Estimate of $1.32 billion. With the consensus EPS estimate being $1.29, the company has not delivered EPS surprise.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Ares Management performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • FPAUM Rollforward - Ending Balance - Total: $409.92 billion versus the four-analyst average estimate of $417.14 billion.
  • AUM Rollforward - Ending Balance - Total: $671.32 billion versus $669.87 billion estimated by four analysts on average.
  • FPAUM Rollforward - Ending Balance - Real Assets Group: $88.61 billion versus the three-analyst average estimate of $90.7 billion.
  • FPAUM Rollforward - Ending Balance - Secondaries Group: $31.47 billion versus $31.48 billion estimated by three analysts on average.
  • Financial Details Segments- Other fees: $91.96 million versus $71.81 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +20.8% change.
  • Financial Details Segments- Fee related performance revenues: $40.53 million compared to the $22.9 million average estimate based on four analysts. The reported number represents a change of +142.7% year over year.
  • Financial Details Segments- Management fees: $1.03 billion versus $1.06 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +14.4% change.
  • Financial Details Segments- Performance income-realized: $140.33 million versus the four-analyst average estimate of $171.57 million. The reported number represents a year-over-year change of +152.6%.
  • Realized Income- Secondaries Group: $59.97 million compared to the $52.51 million average estimate based on two analysts. The reported number represents a change of +23.1% year over year.
  • Realized Income- Real Assets Group: $144.4 million compared to the $121.54 million average estimate based on two analysts. The reported number represents a change of +47.9% year over year.
  • Realized Income- Private Equity Group: $12.15 million versus $18.6 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -5.5% change.
  • Realized Income- Credit Group: $543.81 million compared to the $558.7 million average estimate based on two analysts. The reported number represents a change of +24.9% year over year.

View all Key Company Metrics for Ares Management here>>>

Shares of Ares Management have returned +6.2% over the past month versus the Zacks S&P 500 composite's -0.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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