Don't miss out on the highly anticipated third quarter financial results of Ares Management Corporation (NYSE: ARES) set to be unveiled on Friday 1st November 2024. Be prepared to seize this valuable opportunity to analyze the company's financial performance before market open.
Financial experts on Wall Street anticipate that the business is set to announce an estimated $0.94 profit per share for the quarter. Furthermore, the company is expected to disclose a total revenue of $802.11 million for this specific period.
Wall street experts have shared their forecasts for the company's annual performance, indicating that they predict the company will achieve a total revenue of $3.55 billion. Additionally, they are expecting the earnings per share for the company to hit profit of $4.12 during the fiscal year.
The per-share income of $0.83 was highlighted in the company's earnings report for the same quarter of the prior year. This notable figure was achieved due to the company's impressive total revenue of $637.52 million recorded during that specific period.
ARES has scheduled a conference call on 1st November 2024 at 09:00 AM eastern time to discuss the third quarter financial results and other related information.
Wednesday's trading saw Ares Management Corporation (ARES) shares hit a low of $168.88 and a high of $171.67, with a day volume of 1.26 million shares. The stock closed the regular trading session at $169.00, showing 0.82 percent fall.
