Ares Management Q3 revenue beats estimates on increased investment activity
ARES•Ares Management reported Q3 revenue of $1.43 billion, above the $1.27 billion consensus, while adjusted EPS of $1.26 missed the $1.29 estimate. The company declared a $1.35 quarterly dividend.
1. Quarterly results
Ares Management’s Q3 revenue was $1.43 billion, compared with analyst expectations of $1.27 billion. Adjusted EPS was $1.26, below the $1.29 consensus, and net income was $85.30 million. The company declared a quarterly dividend of $1.35 per share.
2. Outlook and drivers
Ares said strong capital raising across multiple investment groups and increased investment activity across diversified strategies contributed to its results. The company expects another record fundraising year, with strong visibility into Q4, and expects to meet or exceed key financial objectives for 2026. It sees continued management fee and earnings growth in 2027 and beyond from embedded capital.
