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ARES - Ares Management GAAP EPS of $0.62 misses by $0.44 revenue of $937.72M misses by $7.41M
Ares Management Corporation Class A
Ares Management press release ( NYSE: ARES ): Q4 GAAP EPS of $0.62 misses by $0.44 .
Revenue of $937.72M (-28.4% Y/Y) misses by $7.41M .
CEO comment: "Looking forward to 2023, we are embarking on a significant fundraising cycle with seven of our top ten largest institutional commingled fund families in the market this year and we are seeing strong initial interest from investors as we seek to continue to generate attractive returns.”