Ares Management, based in Los Angeles, offers investment and consultancy services with 2,850 employees and went public on May 2, 2014. It operates through five segments: Credit, Private Equity, Real Assets, Secondaries, and Other.
Ares Management (ARES) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Ares Management's actual EPS was $1.09, beating the estimate of $0.96 per share, resulting in a 12.95% surprise.
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