NYSE$ARES
Ares Management Corporation · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Ares Management Corporation reported third quarter 2020 results.
Ares Management Corporation reported GAAP net income of $47.5 million and after-tax realized income of $134.1 million for the quarter ended September 30, 2020. The company's assets under management grew by 24% year over year, driven by a record quarter of fundraising.
- Ares Management Corporation reported a net income of $47.5 million for Q3 2020.
- Net income per share of Class A common stock was $0.27 for Q3 2020.
- After-tax realized income was $134.1 million for Q3 2020.
- Fee related earnings were $106.8 million for Q3 2020.
Headline financials
Revenue & EPS history
Ares · Revenue · Quarterly
$428M
Forward guidance
Ares has high conviction for continued strong growth in its fee related earnings in the years ahead based on the increases in its AUM and undeployed capital, the available deployment opportunities and its pipeline of funds they are bringing to the market.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
+0.4%
Avg return
Earnings day
+1.9%
Avg return
5 days after
+1.4%
Avg return
30 days after
53%
26 / 49 earnings
Positive
+8.5%
Q2 2022
Best reaction
-11.2%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.8% | +5.5% | +9.4% | |
| Q4 2025 | -11.2% | -0.2% | -19.8% | |
| Q3 2025 | +5.5% | +3.5% | +9.0% | |
| Q2 2025 | -1.6% | +2.0% | -3.4% | |
| Q1 2025 | +3.2% | +6.4% | +8.7% | |
| Q4 2024 | -2.9% | -2.8% | -20.7% | |
| Q3 2024 | -4.8% | +2.9% | +5.4% | |
| Q2 2024 | -10.3% | -9.3% | -1.9% | |
| Q1 2024 | +0.2% | +4.2% | +6.4% | |
| Q4 2023 | +6.1% | +4.7% | +4.1% | |
| Q3 2023 | +0.3% | +5.6% | +10.7% | |
| Q2 2023 | +1.2% | +1.0% | +4.3% | |
| Q1 2023 | +2.5% | -1.6% | +2.1% | |
| Q4 2022 | -0.2% | -1.9% | -12.9% | |
| Q3 2022 | +6.5% | +8.2% | +8.7% | |
| Q2 2022 | +8.5% | +10.0% | +13.7% | |
| Q1 2022 | -5.8% | -1.4% | +3.5% | |
| Q4 2021 | -2.3% | +2.4% | -11.4% | |
| Q3 2021 | +2.0% | -0.6% | -2.8% | |
| Q2 2021 | +4.3% | +6.0% | +9.3% | |
| Q1 2021 | -6.4% | -8.3% | -1.7% | |
| Q4 2020 | +1.6% | +4.1% | +9.1% | |
| Q3 2020 | -1.9% | -2.0% | +5.2% | |
| Q2 2020 | -0.3% | +4.1% | -2.0% | |
| Q1 2020 | +7.7% | +7.3% | +22.0% | |
| Q4 2019 | -1.5% | -1.3% | -21.1% | |
| Q3 2019 | +5.5% | +6.9% | +11.3% | |
| Q2 2019 | -2.8% | -9.5% | -1.3% | |
| Q1 2019 | +1.2% | +2.1% | +4.0% | |
| Q4 2018 | +6.8% | +8.7% | +9.9% | |
| Q3 2018 | +7.2% | +10.2% | +14.4% | |
| Q2 2018 | +0.2% | +0.7% | +1.9% | |
| Q1 2018 | -3.3% | -2.7% | -2.4% | |
| Q4 2017 | +5.9% | +4.4% | -5.9% | |
| Q3 2017 | +1.1% | +1.3% | -1.9% | |
| Q2 2017 | -0.3% | +0.0% | -0.3% | |
| Q1 2017 | -3.4% | -0.5% | -4.5% | |
| Q4 2016 | -5.4% | -4.6% | -20.6% | |
| Q3 2016 | -1.0% | +9.0% | +10.0% | |
| Q2 2016 | -0.5% | +1.2% | +6.9% | |
| Q1 2016 | -1.5% | — | — | |
| Q4 2015 | +0.2% | — | — | |
| Q3 2015 | -3.1% | — | — | |
| Q2 2015 | -0.2% | — | — | |
| Q1 2015 | +1.4% | — | — | |
| Q4 2014 | +2.3% | — | — | |
| Q3 2014 | +6.2% | — | — | |
| Q2 2014 | -0.2% | — | — | |
| Q1 2014 | +0.3% | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — |
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