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What Analyst Projections for Key Metrics Reveal About Ares Management (ARES) Q3 Earnings
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Wall Street analysts forecast that Ares Management (ARES - Free Report) will report quarterly earnings of $1.25 per share in its upcoming release, pointing to a year-over-year increase of 5%. It is anticipated that revenues will amount to $1.26 billion, exhibiting an increase of 8.9% compared to the year-ago quarter.
Over the last 30 days, there has been a downward revision of 2.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
That said, let's delve into the average estimates of some Ares Management metrics that Wall Street analysts commonly model and monitor.
It is projected by analysts that the 'Financial Details Segments- Performance income-realized' will reach $40.68 million. The estimate indicates a year-over-year change of +65.7%.
The combined assessment of analysts suggests that 'Financial Details Segments- Management fees' will likely reach $1.08 billion. The estimate suggests a change of +10.9% year over year.
The consensus estimate for 'Financial Details Segments- Other fees' stands at $79.02 million. The estimate suggests a change of -2.7% year over year.
Analysts predict that the 'Financial Details Segments- Fee related performance revenues' will reach $79.69 million. The estimate indicates a change of -6.7% from the prior-year quarter.
The average prediction of analysts places 'FPAUM Rollforward - Ending Balance - Total' at $428.30 billion. The estimate is in contrast to the year-ago figure of $367.62 billion.
Analysts forecast 'AUM Rollforward - Ending Balance - Total' to reach $694.94 billion. The estimate compares to the year-ago value of $595.66 billion.
Analysts' assessment points toward 'FPAUM Rollforward - Ending Balance - Real Assets Group' reaching $93.16 billion. Compared to the current estimate, the company reported $80.50 billion in the same quarter of the previous year.
According to the collective judgment of analysts, 'FPAUM Rollforward - Ending Balance - Secondaries Group' should come in at $32.81 billion. Compared to the present estimate, the company reported $28.08 billion in the same quarter last year.
The consensus among analysts is that 'AUM Rollforward - Ending Balance - Private Equity Group' will reach $24.81 billion. The estimate is in contrast to the year-ago figure of $25.10 billion.
The collective assessment of analysts points to an estimated 'AUM Rollforward - Ending Balance - Real Assets Group' of $158.53 billion. The estimate is in contrast to the year-ago figure of $132.35 billion.
Analysts expect 'AUM Rollforward - Ending Balance - Secondaries Group' to come in at $46.49 billion. The estimate compares to the year-ago value of $38.38 billion.
Based on the collective assessment of analysts, 'AUM Rollforward - Ending Balance - Other Businesses' should arrive at $12.26 billion. Compared to the present estimate, the company reported $8.38 billion in the same quarter last year.
Over the past month, Ares Management shares have recorded returns of +2.7% versus the Zacks S&P 500 composite's -0.2% change. Based on its Zacks Rank #4 (Sell), ARES will likely underperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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What Analyst Projections for Key Metrics Reveal About Ares Management (ARES) Q3 Earnings
Wall Street analysts forecast that Ares Management (ARES - Free Report) will report quarterly earnings of $1.25 per share in its upcoming release, pointing to a year-over-year increase of 5%. It is anticipated that revenues will amount to $1.26 billion, exhibiting an increase of 8.9% compared to the year-ago quarter.
Over the last 30 days, there has been a downward revision of 2.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
That said, let's delve into the average estimates of some Ares Management metrics that Wall Street analysts commonly model and monitor.
It is projected by analysts that the 'Financial Details Segments- Performance income-realized' will reach $40.68 million. The estimate indicates a year-over-year change of +65.7%.
The combined assessment of analysts suggests that 'Financial Details Segments- Management fees' will likely reach $1.08 billion. The estimate suggests a change of +10.9% year over year.
The consensus estimate for 'Financial Details Segments- Other fees' stands at $79.02 million. The estimate suggests a change of -2.7% year over year.
Analysts predict that the 'Financial Details Segments- Fee related performance revenues' will reach $79.69 million. The estimate indicates a change of -6.7% from the prior-year quarter.
The average prediction of analysts places 'FPAUM Rollforward - Ending Balance - Total' at $428.30 billion. The estimate is in contrast to the year-ago figure of $367.62 billion.
Analysts forecast 'AUM Rollforward - Ending Balance - Total' to reach $694.94 billion. The estimate compares to the year-ago value of $595.66 billion.
Analysts' assessment points toward 'FPAUM Rollforward - Ending Balance - Real Assets Group' reaching $93.16 billion. Compared to the current estimate, the company reported $80.50 billion in the same quarter of the previous year.
According to the collective judgment of analysts, 'FPAUM Rollforward - Ending Balance - Secondaries Group' should come in at $32.81 billion. Compared to the present estimate, the company reported $28.08 billion in the same quarter last year.
The consensus among analysts is that 'AUM Rollforward - Ending Balance - Private Equity Group' will reach $24.81 billion. The estimate is in contrast to the year-ago figure of $25.10 billion.
The collective assessment of analysts points to an estimated 'AUM Rollforward - Ending Balance - Real Assets Group' of $158.53 billion. The estimate is in contrast to the year-ago figure of $132.35 billion.
Analysts expect 'AUM Rollforward - Ending Balance - Secondaries Group' to come in at $46.49 billion. The estimate compares to the year-ago value of $38.38 billion.
Based on the collective assessment of analysts, 'AUM Rollforward - Ending Balance - Other Businesses' should arrive at $12.26 billion. Compared to the present estimate, the company reported $8.38 billion in the same quarter last year.
View all Key Company Metrics for Ares Management here>>>Over the past month, Ares Management shares have recorded returns of +2.7% versus the Zacks S&P 500 composite's -0.2% change. Based on its Zacks Rank #4 (Sell), ARES will likely underperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .